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Thursday, February 8, 2024

📈S&P hits record high

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The S&P 500 closed at a record high, but this could ruin it

S&P Takes Flight

Hello Phan,

Multiple earnings reports combined with an acknowledgment that interest rate cuts could be sooner than expected sent the S&P (US) 500 to a new record high on Wednesday!

The benchmark is now nearing 5,000 for the first time ever.

But that can all change today if companies such as ConocoPhillips, Philip Morris, Duke Energy, Expedia, and Pinterest demonstrate poor outlooks when they report their earnings today.

Will the S&P (US) 500 fall?

Trade Now

** Disclaimer – While due research has been undertaken to compile the above content, it remains an informational and educational piece only. None of the content provided constitutes any form of investment advice.

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