S&P 500 closes above key 5,000 level for first time

Stock market summary - Feb. 9, 2024. Wall Street hits a milestone as the S&P 500 surpasses 5,000 points amid a renewed tech rally and hopes that the Federal Reserve can soon cut interest rates, bolstering corporate earnings prospects. In parallel [...] The stock market euphoria continues as the S&P 500 closes above 5,000 points was first published in El Tiempo Latino.

S&P 500 closes above 5,000 for first time

Thanks to a fifth week of favorable U.S. economic news, the S&P 500 on Friday closed above the 5,000 mark for the first time.

U.S. stocks end higher, S&P 500 closes above 5,000 for first time ever

NEW YORK, Feb. 9 (Xinhua) -- U.S. stocks ended mixed on Friday, while the benchmark S&P 500 index surpassed the 5,000 level at close, buoyed by robust earnings reports and positive economic updates. Read full story

Stock mania rages on as S&P 500 closes above 5,000

Wall Street notched a milestone, with the S&P 500 topping 5,000 amid a renewed rally in big tech and hopes the Federal Reserve will soon be able to cut rates — bolstering the outlook for corporate profits.

S&P 500 closes above 5,000 for first time amid stock market rally

Breaking 5,000 is unlikely to slow the index’s rise, experts say as reports highlight resilient US economy

The Standard & Poor's 500 U.S. stock index closed above 5,000 points for the first time on Friday. The profits of companies with large capitalization, such as Nvidia, were to blame for this. Investors were also encouraged by data on strong economic performance and a slight revision to last year's US inflation data, which supported expectations that the US central bank (Fed) would cut interest rates this year.