2024-03-31 12:13:30 ET
Summary
- S&P 500 reaches new historical high, marking the 22nd all-time high of the year.
- Economy performing well with upward revision of fourth quarter 2023 numbers.
- Excitement over artificial intelligence technology remains high; there are still expectations of Fed interest rate cuts; and there is increased consumer confidence.
- The stock market should continue to do well.
The S&P 500 rose to a new historical high on Thursday.
This is the 22nd "all-time high" of the year.
There are several things to focus on.
First, the economy is doing well. On Friday, the fourth quarter numbers for 2023 were revised upwards....
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The Stock Market: Doing Well