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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsStock market today: Dow, S&P 500 hit record highs as tech stocks soar
Stocks climbed on Friday, pushing the S&P 500 and Dow Jones Industrial Average to record closing highs.
The S&P 500 (^GSPC) rose 1.2% to close at 4,839. This marked the S&P 500's first record close since January 2022. The Dow (^DJI) gained just over 1% to settle at 37,863.
On a percentage basis, the tech-heavy Nasdaq Composite (^IXIC) was the day's biggest winner, rising 1.7% to close at 15,310. The Nasdaq's record close stands at 16,057, reached in November 2021.
Investor focus this week turned back to Big Tech stocks pushing markets to new heights as the late 2023 rally waned.
https://finance.yahoo.com/news/stock-market-today-dow-sp-500-hit-record-highs-as-tech-stocks-soar-192209321.html
The S&P 500 (^GSPC) rose 1.2% to close at 4,839. This marked the S&P 500's first record close since January 2022. The Dow (^DJI) gained just over 1% to settle at 37,863.
On a percentage basis, the tech-heavy Nasdaq Composite (^IXIC) was the day's biggest winner, rising 1.7% to close at 15,310. The Nasdaq's record close stands at 16,057, reached in November 2021.
Investor focus this week turned back to Big Tech stocks pushing markets to new heights as the late 2023 rally waned.
https://finance.yahoo.com/news/stock-market-today-dow-sp-500-hit-record-highs-as-tech-stocks-soar-192209321.html
This is a real big deal, right? Where's all the huzzahs in the MSM?
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Stock market today: Dow, S&P 500 hit record highs as tech stocks soar (Original Post)
Lasher
Jan 2024
OP
unblock
(52,328 posts)1. MSM says "recession's a-comin'!" Markets say, "what are you talking about?!"
Lasher
(27,638 posts)3. MSM can't hold out forever.
Bidenomics are making the economy boom. They will have to admit it sooner or later.
unblock
(52,328 posts)5. They've been predicting recession for 2 years already, no end in sight.
And they've been telling us crap like republicans are "fiscally responsible" for decades, all evidence to the contrary.
Lasher
(27,638 posts)6. This is true.
But it will be hard to ignore repeated all time highs in the stock market.
Walleye
(31,056 posts)2. Will we soon be hearing how to record stock market high is bad for Biden
But they can't keep holding out while the economy is hitting on all cylinders.