Economy - Finance > Economy

S&P 500 hovers near record highs on continued economic optimism and Fed support

1 month ago   |   By Business Insider

US stock market investors are feeling optimistic about the economy.
Spencer Platt/Getty Images
US stocks rose with the S&P 500 hovering near record highs Friday as investors remain optimistic about the US economy.
The benchmark index on Thursday broke both its intraday and closing records.
The 10-year Treasury yield was around 1.455% Friday, in a sign that the market believes strong inflation will prove transitory
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US stocks rose on Friday, with the S&P 500 hovering near record highs as investors continue to remain...
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S&P 500 hovers near record highs on continued economic optimism and Fed support

S&P 500 hovers near record highs on continued economic optimism and Fed support

1 month ago   |   By Business Insider

Summary List Placement US stocks rose on Friday, with the S&P 500 hovering near record highs as investors continue to remain optimistic about the US economy amid support from the Federal Reserve.
The benchmark index on Thursday broke both its intraday record and closing record, to finish the session at 4,239.18.
Tom Lee, managing partner and the head of research at Fundstrat Global Advisors, said the breakout to new highs was presaged by the upside breakout last week.
"Our base case of a surge in S&P 500 to 4,400 before mid-year 2021 remains intact," Lee said in a note.
While Thursday's...
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Britain's economic recovery continues apace as U.S. stocks edge higher

1 month ago   |   By NY Times

The company said it intended to finance an expansion.
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