Abstract: It doesn’t mean stocks will continue to rise indefinitely, but it does reflect a generally optimistic outlook on Wall Street.
Lead Paragraph:
The S&P 500 index closed at a record on Friday, crossing above its old high-water mark, set in early 2022. The gains show that investors have overcome fears of rising interest rates and panic about a recession that had governed stock trading for much of the past two years.
Source: The New York Times
Category: Business
Sub Category:
2024-01-19T21:23:18+0000
By J. Edward Moreno