S&P 500, Stock Market
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The S&P 500 closed at an all-time high for the ninth time this month, while the tech-heavy Nasdaq hit its 13th record July close.
US stock market continued its winning streak as the S&P 500 and Nasdaq Composite reached new record highs, driven by strong corporate earnings, booming tech stocks, and growing hopes of a Federal Reserve rate cut.
Six months into President Donald Trump’s second term, a quick glance at the stock market offers a reassuring picture: The S&P 500 just closed above 6,300 points for the first time ever and has notched eight record highs in the past month.
Warren Buffett is widely considered one of the greatest investors of all time. The secret to his success isn't trying to time the market. "We try to price, rather than time, purchases," Buffett wrote in 1994 letter to Berkshire Hathaway shareholders.
Stock market today sees S&P 500 near record highs as Alphabet rises 3.5% and Tesla slides. Dow drops on IBM miss.
Massive moves in stocks such as Kohl’s and Opendoor Technologies are raising questions over whether a new wave of meme stock trading is underway and what that signals about risk appetite more broadly.