S&P 500 Surpasses 5,000 Threshold, Extends Weekly Win Streak to Five
Feb 9, 2024
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“The truth is the Super Bowl long ago became more than just a football game. It's part of our culture like turkey at Thanksgiving and lights at Christmas, and like those holidays beyond their meaning, a factor in our economy.” ~ Bob Schieffer
Good evening,
The S&P 500 momentarily broke 5,000 for the first time on Thursday (5,000.40, to be precise) only to fall back slightly at closing bell. Then on Friday, the index breached that level more assertively, perhaps in part due to the Bureau of Labor Statistics (BLS) revising its December Headline CPI reading downward. (The Core CPI ...