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The S&P 500, with broad-based support, reaches all-time highs


Feb 10, 2024

The stock market ended with varying signs on Friday. In New York, the broad S&P 500 index ended the trading day above 5,000 points for the first time. At the end of the stock market week, the S&P 500 was up 0.6 percent and ended the day at record highs for the tenth time this year.

The other main indices of the stock exchange also saw fluctuations. The technology-focused Nasdaq was up 1.3 percent, while the industrial index Dow Jones ended 0.1 percent below freezing. Share values have been rising since the end of October after the US central bank, the Fed, hesitated with raising interest rates. In addition, inflation has slowed down.

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By Editor

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