S&P 500 Snapshot: New Record High
8 Articles
8 Articles
S&P 500 Hit Record High Ahead of Holiday Break
Today, financial markets in the United States are closed in observance of Independence Day. Investor sentiment was likely buoyed by the latest rally in the S&P 500 index (US SPX 500 mini on FXOpen), which set a new all-time high yesterday, surpassing 6,280.The bullish momentum has been driven by robust labour market data in the US. According to ForexFactory, analysts had anticipated a rise in the unemployment rate from 4.2% to 4.3%, but instead,…
This has dampened expectations that the Fed will cut interest rates more sharply this year, as requested by US President Donald Trump, which has supported the rise in stock prices in recent weeks.
S&P 500, Nasdaq end at fresh records after solid US jobs data
S&P 500, Nasdaq end at fresh records after solid US jobs data Estelle.Bronkhorst Fri, 07/04/2025 - 08:00 NEW YORK - Wall Street stocks surged higher following US jobs data that topped estimates as President Donald Trump's massive tax cut measure neared final passage in Congress.The broad-based S&P 500 jumped 0.8 percent to 6,279.35, a second straight record.The tech-rich Nasdaq Composite Index gained 1.0 percent to 20,601.10, also a record…
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