2024-05-28 09:45:00 ET
Summary
- The S&P 500 closed at 5,304.72 on the Friday before 2024's Memorial Holiday weekend.
- In between May 17 and May 24, the index set a new record-high close of 5,321.41 on May 21.
- The Atlanta Fed's GDPNow tool's forecast of annualized real GDP growth rate during 2024-Q2 ticked down to 3.5% from the +3.6% growth it projected in a week earlier.
If anything noteworthy happened to the S&P 500 (SPX), you wouldn't know it from how the index changed over the past trading week....
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The S&P 500 Coasts Into Fifth Up Week Ahead Of Holiday Weekend