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S&P 500 stalls at record level, set for best August in 36 years
The Federal Reserve's commitment to tolerate inflation and keep interest rates low, positive developments in vaccines and treatments for COVID-19 and a momentum-driven rally in tech-focused stocks have helped the S&P 500 and Nasdaq hit consecutive all-time highs. Trading in new entrants to the blue-chip index Salesforce.com Inc, Honeywell International Inc and Amgen Inc was subdued. Ousted companies Exxon Mobil Corp slipped 1.6%, Pfizer Inc dipped 0.3% and Raytheon Technologies Corp was marginally higher.
https://finance.yahoo.com/news/p-500-stalls-record-level-142708421.html?.tsrc=rss
The Federal Reserve's commitment to tolerate inflation and keep interest rates low, positive developments in vaccines and treatments for COVID-19 and a momentum-driven rally in tech-focused stocks have helped the S&P 500 and Nasdaq hit consecutive all-time highs. Trading in new entrants to the blue-chip index Salesforce.com Inc, Honeywell International Inc and Amgen Inc was subdued. Ousted companies Exxon Mobil Corp slipped 1.6%, Pfizer Inc dipped 0.3% and Raytheon Technologies Corp was marginally higher.
https://finance.yahoo.com/news/p-500-stalls-record-level-142708421.html?.tsrc=rss
