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The Standard and Poor's 500, or simply the S&P 500, [5] is a stock market index tracking the stock performance of 500 of the largest companies listed on stock exchanges in the United States. It is one of the most commonly followed equity indices and includes approximately 80% of the total market capitalization of U.S. public companies, with an ...
S&P 500. 6034.91-0.30%. NASDAQ. 19687.242-0.25%. RUSSELL 2000. 2382.7744 ... ticked up last month in a sign that price increases remain elevated even though they have plummeted from their painful ...
The broad S&P 500 index closed up 1.83% to 5,949.91; the blue-chip Dow rose 703.27 points, or 1.65%, to close at 43,221.55; and tech-heavy Nasdaq gained 2.45% to close at 19,511.23.
The S&P 500 hit a record high after Trump's comments calling for lower oil prices and interest rates. Trump told reporters he would consider talking to the Federal Reserve about lower interest rates.
While the S&P 500 was first introduced in 1923, it wasn't until 1957 when the stock market index was formally recognized, thus some of the following records may not be known by sources. [ 1 ] Largest daily percentage gains [ 2 ]
In March 1957 the index was expanded to its current 500-stock structure and renamed the S&P 500 Stock Composite Index. Subsequently, closing beyond 50 for the first time in September 1958, the continued post-World War II boom in the United States would see the index nearly double to a closing price of 94.06 on February 9, 1966.
Stocks reached record levels on Thursday as investors digested more quarterly earnings results and new data on the labor market's recovery. The S&P 500 advanced to log a record closing high.
The S&P 500 closed above the 5,000 level on Friday for the first time as bullish sentiment spreads across Wall Street and investors cheered fresh data showing progress on inflation.