S&P 500 briefly touches highest level ever as stocks drift

FILE - This July 22, 2020 photo provided by the New York Stock Exchange shows the trading floor in New York. The S&P 500 is once again flirting with its record levels, as stocks drift a bit higher on Wall Street Tuesday, Aug. 18.

NEW YORK — Stocks are drifting in early trading on Wall Street Tuesday, and the S&P 500 is once again bouncing against its record closing level, which has been acting as its ceiling in recent days. This is the first day, though, that the S&P 500 has risen above 3,393.52, which is the highest level the index has ever touched within a day’s trading. It got as high as 3,394.99 within the first 20 minutes of trading.The Dow Jones Industrial Average was down 89 points, or 0.3%, at 27,753, as of 10:20 a.m. Eastern time, and the Nasdaq composite was up 0.2%.

GREAT news for President Trump and America!!! ( He does have that magic wand )

Give the man a credit!

This is a tell tale sign that the polls showing Biden winning are false.

This has to be crushing for the AP and other dems. Maybe the words 'slightly over' will soften the blow.

Ah yes. The glittering money cult news from the Church of Greed, boasting about richer the rich are getting.

Because THAT is the most important news there is. None of that will help the people out of work who cant afford to feed their families, who face eviction from their homes, are thinking of suicide and life insurance to save their families. This is good news for those who dont care

AP, The tax payers TRILLIONS in WELFARE money pumped into Wall Street from the last RIP-OFF from Main Street won’t last forever... then what WILL HAPPEN? What an IRRESPONSIBLE FINANCIAL MESS this President will be leaving the Country in!!!

Astronomic Gap between stockmarkets & fundamentales of the real economy is scaring.

Oh shit! Break out the balloons and party streamers! Everybody's richer for............wait a minute🤔🤔🤔

WooHoo More money for the rich!

Majority of America doesn't own stock. As much as Trump celebrates the DOW and stocks soaring, millions are still out of work and this does nothing to help them.

Economy coming back nicely hence why Biden can't be let in the oval office except during white house tours.

Which instantly erases the national debt, wipes out the coronavirus, and gives everyone who wants one a job. Stop reporting this stuff like it matters to anyone other than the rich.

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