S&P 500: S&P 500 hits record high buoyed by economic hopes: Markets wrap

S&P 500: S&P 500 hits record high buoyed by economic hopes: Markets wrap

Wall Street traders betting the Federal Reserve will be able to engineer a soft landing spurred a rally in riskier corners of the market, with stocks hitting all-time highs. The S&P 500 climbed 1.7% — notching its 39th record in 2024 and extending this year’s surge to about 20%. Tech led gains, while defensive industries … Read more