S&P 500 sets new high after jobless claims drop to new COVID-era low
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A parade of strong earnings results and economic data helped buoy stocks to all-time highs
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Stocks closed near session highs Monday, as the S&P 500 (^GSPC) notched its best three-day run in a rip-roaring 2024. Wall Street continued to build on an end-of-week surge precipitated by a softer-than-expected jobs report that helped spur bets toward an earlier rate cut from the Federal...
Published 05/07/24
In the week ahead, the earnings flow will remain steady but slow down while the week's economic calendar should be among the year's quietest.
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Published 05/06/24
Published 05/06/24
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