S&P 500 hits new peak, on track for first record close since July
- Posted on September 17, 2024
- By Business News Today
- 5 Views
S&P 500 hits new peak, on track for first record close since July
Encouraging economic data and expectations of a hefty interest rate cut have largely helped the S&P 500 recover after fears of an imminent recession sent the benchmark index down more than 8.5% over three weeks through Aug.