Finance
Stock market closes at record high, bull run intact
Getty Images / Scott Olson
-
The S&P
500 closed at a record high on Friday. -
That erases any doubt about if this is the
longest-running bull market in histroy. -
The benchmark index hit a record on Wednesday, but
didn’t close at a new high.
The S&P
500 closed at a record high on Friday, solidifying the bull
market as the longest of all time.
The benchmark index gained 0.62% to settle at 2874.69, eclipsing
its January record-high close of 2872.87. Friday’s gain was
significant as it left no doubt that we are now in the midst of
the longest-running bull run in US stock market history.
After an intraday record
high was hit on Wednesday, some on Wall Street suggested
the record technically wouldn’t fall until the index closed at a
new high.
Friday’s biggest S&P 500 gainers included Autodesk (+15.13%),
AMD (+7.49%), and Netflix (+5.63%) while Foot Locker (-9.21%),
Gap (-8.54%), and Macy’s (-4.33%) lagged.
-
Entertainment6 days ago
When will we have 2024 election results online?
-
Entertainment5 days ago
Halloween 2024: Weekend debates, obscure memes, and a legacy of racism
-
Entertainment6 days ago
Social media drives toxic fandom. Is there a solution?
-
Entertainment5 days ago
Is ‘The Substance’ streaming? How to watch at home
-
Entertainment5 days ago
M4 MacBook Pro vs. M3 MacBook Pro: What are the differences?
-
Entertainment4 days ago
Menendez brothers case reignites online: The questions that keep resurfacing
-
Entertainment4 days ago
‘A Real Pain’ review: Jesse Eisenberg and Kieran Culkin charm as odd-couple cousins
-
Entertainment4 days ago
25 greatest sci-fi films on Hulu that you can watch right now