S&P 500 Hits New High, Market Retreats As Next Fed Chief Named
Source: SeekingAlpha
2026-02-02 08:49:00 ET
The S&P 500 (Index: SPX ) had a remarkably subdued week compared to other markets. The U.S. stock market index hit a new record high close of 6,978.59 on Tuesday, 27 January 2026, but went on to retreat about 0.4% from that high to end the week at 6,939.03 at the close of trading on Friday, 30 January 2026, which was a little over 0.3% below where it ended the previous week....
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S&P 500 Hits New High, Market Retreats As Next Fed Chief Named
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