Page 8 - Sp500 News Today

The overwhelming majority of US equity indexes closed in the green on Wednesday, fueled in large part by record-setting highs in chipmaker Nvidia, while Facebook owner Meta and Google operator Alphabet both posted 12-month highs through the day.

The S&P 500 index has started the week off on the right foot in the first full week of trading for the year.

Full-year U.S. market performance has nothing to do with how it's done so far.

Full-year U.S. market performance has nothing to do with how it's done so far.

US major equity indexes closed mostly lower on Tuesday with tech stocks leading the charge down the charts, though the NASDAQ composite index managed to squeeze out a minor gain while the rest of the indexes declined heading into a hefty midweek reporting window.

'Winner-take-all' economy favors large-cap stocks over small- and midcaps.

The market has suffered some serious internal deterioration.

The Standard & Poor’s 500 (S&P) large-cap equity index came within ten points of posting new all-time highs on Friday before getting dragged back after a surprise bump in Treasury yields following a 7-year T-note auction that splashed water on the market’s ongoing risk rally fueled by rate cut expectations in 2024.

In Friday's session, the S&P 500 index stands at $4,785.50 as bullish momentum seems to be flatting in the last trading day of 2023.

It seems inevitable that the S&P 500 will achieve new all-time highs early in 2024 (if not before).