S.&P. 500 Crosses 2,500 in Final Seconds of Trading
- 7 years ago
S.&P. 500 Crosses 2,500 in Final Seconds of Trading
Stock markets continued their march higher Friday, with the Standard & Poor’s 500
index passing the threshold of 2,500 for the first time in its 60-year history.
While the stock-buying spree continues, the market’s upward march has left some investors nervous
that a geopolitical crisis or a sudden bout of bad financial or economic news could spark a downturn.
”Though obviously that’s hard to judge, because it’s something we’ll only realize in hindsight.”
index has gained nearly 270 percent since March 2009, when the last bear market ended.
Wall Street is riding the second-longest bull market in history, with investors repeatedly shrugging off domestic
and international turmoil as they pile into shares of technology and other companies.
In the final moments of the trading day, investors nudged the benchmark to 2,500.23, up nearly five points on the day.
Stock markets continued their march higher Friday, with the Standard & Poor’s 500
index passing the threshold of 2,500 for the first time in its 60-year history.
While the stock-buying spree continues, the market’s upward march has left some investors nervous
that a geopolitical crisis or a sudden bout of bad financial or economic news could spark a downturn.
”Though obviously that’s hard to judge, because it’s something we’ll only realize in hindsight.”
index has gained nearly 270 percent since March 2009, when the last bear market ended.
Wall Street is riding the second-longest bull market in history, with investors repeatedly shrugging off domestic
and international turmoil as they pile into shares of technology and other companies.
In the final moments of the trading day, investors nudged the benchmark to 2,500.23, up nearly five points on the day.