S&P 500, NASDAQ
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stocks, Record Highs
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The S&P 500 ended every day this week at a new high. The moves have been modest—on Thursday, the index advanced just 0.07%—but this is the longest streak of closing records since last July, according
The S&P 500 and Nasdaq notched record high closes on Friday, lifted by optimism the U.S. could soon reach a trade deal with the European Union, while Deckers Outdoor surged following a strong quarter for the maker of UGG boots and Hoka sneakers.
The S&P 500 and the Nasdaq Composite ended Thursday's session with fresh record closes after scoring new all-time intraday highs earlier in the trading day. The broad market index closed 0.07% higher to end at 6,363.35, while the tech-heavy Nasdaq inched up 0.18% to finish at 21,057.96.
The S&P 500 is set to score a record finish every day of this past week while the Dow has yet to return to record territory in 2025.
When back-tested to 1871, this forecasting tool has an immaculate track record of projecting where stocks will head next.
The VIX (Volatility Index) fell to a new local low of 14.95 yesterday, marking its lowest level since late February - coinciding with stocks hitting new highs. This reflects declining investor fear but also raises the possibility of a short-term market top.
Wall Street’s so-called fear gauge dropped this week as U.S. stocks continued to set record highs, with investors appearing encouraged in part by the White House’s progress on the global trade front.
Strong earnings and continued spending from Alphabet boosted the broad S&P 500 and tech-laden Nasdaq to fresh record highs.