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S&P 500 notches first record high in two years in tech-driven run

Por: CBS News Business January 20, 2024

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The stock market rallied to record highs on Friday, with Wall Street buoyed by investor expectations of interest rate cuts ahead by the Federal Reserve and robust corporate profits.With technology stocks driving early year gains, the S&P 500 rose 1.2% to a record 4,839, sailing above the broad index's prior closing high of 4,796 in January 2022. The Dow Jones Industrial Average also hit new heights, surging nearly 400 points, or 1.1%, to... + full article



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