S&P 500 hits a new all-time high
The S&P 500 has reached a new record above 7,835, pushing the total market value of its companies above $71 trillion for the first time.
The rise is mainly being led by technology and AI stocks, while investors are also expecting strong results from major US companies. Lower oil prices and lower Treasury yields have also helped improve market sentiment.
$BTC #Macro Insights#
The S&P 500 has reached a new record above 7,835, pushing the total market value of its companies above $71 trillion for the first time.
The rise is mainly being led by technology and AI stocks, while investors are also expecting strong results from major US companies. Lower oil prices and lower Treasury yields have also helped improve market sentiment.
$BTC #Macro Insights#
