QVMM - S&P 500 Coasts To New Record High On Fed's Assurance Of No Rate Hikes
2024-05-20 11:45:00 ET
Summary
- The S&P 500 set a new record high of 5,308.15 on Wednesday, 15 May 2024 before slipping back to close out the trading week that was at 5,303.27.
- The Dow Jones Industrial Average crossed above the 40,000 milestone, going on to end the week at 40,004.35.
- The trajectory of the S&P 500 took it to the upper end of the dividend futures-based model's projected range.
The S&P 500 ( SPX ) set a new record high of 5,308.15 on Wednesday, 15 May 2024 before slipping back to close out the trading week that was at 5,303.27 . The index rose a little over 1.5% above its previous week's close....
S&P 500 Coasts To New Record High On Fed's Assurance Of No Rate Hikes