S&P 500 Climbs to New Record on Strong Earnings

Published 2 weeks ago Positive
S&P 500 Climbs to New Record on Strong Earnings
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Stocks finished the week on a high note after strong corporate earnings and a bit of encouraging data on the inflation front pushed all three major U.S. indexes to new records. Investors bought an array of companies, expanding beyond the artificial-intelligence giants that have fueled the market this year, bolstering automaker Ford, lithium producer Albemarle and defense contractor General Dynamics. The Nasdaq composite and S&P 500 also advanced, logging their second straight weekly gains.

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