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S&P 500 closes at record high for first time in two years

  • The S&P 500 reached a new record high driven by the technology sector and hopes of interest rate cuts, as inflation eases.
  • The impressive performance of tech giants and companies in artificial intelligence contributed to the S&P 500's surge.
  • The benchmark index surpassed its previous record intraday high, with optimism surrounding artificial intelligence fueling gains.
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  • 56% of the sources are Center
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Forbes broke the news in United States on Friday, January 19, 2024.
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