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...Moore and Nicholas Galitzine....
...The S&P 500, the main US equity benchmark, reached 4818.70, rising 0.8 per cent on the day to overtake the previous intraday record set on January 4 2022. Read more here....
...This story has been amended to correct the percentage increase in the S&P 500 on Thursday...
...The S&P 500 notched its fifth consecutive record close on Thursday, with the market making broad gains after solid economic growth data....
...This post has been amended to correct the percentage increase in the S&P 500 on Thursday...
...The S&P had been within touching distance of the records for a month, after a blistering rally at the end of 2023....
...The S&P 500 rose as much as 0.6 per cent in early trading, but gave up most of the gains and was up just 0.1 per cent by mid-afternoon....
...The move in yields sent stocks lower: the blue-chip S&P 500 was down 0.8 per cent in mid-morning trade in New York and the tech-heavy Nasdaq Composite had dropped 1.3 per cent....
...So far the rethink on rates has done little to cool stock markets, with the S&P 500 index of blue-chip stocks up 7.4 per cent this year — helped by the strength of the US economy and excitement about the...
...The S&P 500 had been within touching distance of the records for a month, after a strong rally at the end of 2023. Read more here...
...Additional reporting by Nicholas Megaw in Doncaster...
...(Better Markets, Federal Reserve) — Hippy, capitalist, guru, grocer: the forgotten genius who changed British food (The Guardian) — Akin To Fraud: The New Hampshire story (Mary Walsh) — Destructive investing...
...The S&P 500 hit a new intraday record in mid-afternoon trading but closed down 0.1 per cent for the day, with weakness in energy, consumer and tech stocks offsetting strength in utilities and real estate...
...Google parent Alphabet was the biggest drag on the S&P 500 on Monday as a powerful recent rally in large tech groups appeared to lose some steam....
...The S&P 500 index dipped 0.4 per cent overall, while the Nasdaq Composite fell 0.1 per cent....
...Her previous jobs at Swiss perfume group Firmenich, where she worked from 2020 until joining AP, and at P&G across sectors such as batteries and haircare, bear little connection to horology....
...The S&P 500 index of blue-chip companies is up more than 9 per cent since the start of the year....
...Investor enthusiasm about Nvidia and other stocks exposed to artificial intelligence powered the S&P 500 to fresh records last week....
...“Sub-4 per cent deals will be off the cards temporarily, but once some positive data feeds back into the market, pricing will slowly edge back down,” said Nicholas Mendes, technical mortgage manager at brokerage...
...Nvidia has grown so large and has such a high weighting in the S&P 500 that such a significant jump automatically lifts the entire market....
...The chipmaker has single-handedly driven more than a quarter of the year to date gains in the S&P 500, directly lifting the index by 96 points even before considering the broader effect it has had on investor...
...The S&P 500 is up 4 per cent year to date....
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