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Bulls and Bears: Market Reaches Record Highs Amid Inflation Concerns

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Market,Record Highs,Inflation Concerns

The S&P 500, Dow Jones, and Nasdaq Composite have all reached record highs, while gold and bitcoin surge. Investors are feeling optimistic about the market despite renewed 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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