Business News

S&P 500 Closes Above Record 4000 as Tech Swagger Keeps Bulls Hungry By Investing.com – Investing.com

By Yasin Ebrahim
Investing.com The S&P 500 closed above 4,000 level for the first time ever Thursday, led by tech and value, but it’s the latter that is set for swashbuckling gains as the rotation to cyclicals is not over, according to one expert.  
The S&P 500 rose 1.18% to closed at a record of 4,019.90, the Dow Jones Industrial Average rose 0.52%, or 171 points, the Nasdaq Composite was up 1.76%.
Tech stocks started the quarter in rally mode, continuing to their rebound from oversold levels,…

Click here to view the original article.

Related Posts

You might also like ...