Bulls and Bears: Market Reaches Record Highs Amid Inflation Concerns

When the bulls come out to play, the bears are ready to pounce. The S&P 500 reached its 17th record-high close of 2024 on Tuesday, though it has since pulled back a bit from that milestone on renewed inflation concerns. The Dow Jones Industrial Average index has also set repeated record highs this year, and the Nasdaq Composite closed in February at a record high for the first time since 2021. Gold and bitcoin have also surged to all-time highs.

Unsurprisingly, several flashing indicators suggest that investors are feeling good about the market: • CNN’s Fear & Greed Index: The indicator, which measures seven barometers of market sentiment including the VIX, Wall Street’s most well-known measure of expected stock volatility, is in “greed” territor

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