Breaking 5,000 is unlikely to slow the index’s rise, experts say as reports highlight resilient US economy
US stock markets hit another historic high on Friday, with the S&P 500 closing above 5,000 for the first time.
The broad-based index of the largest and best-known listed companies has been driven higher by a series of reports underlining the US’s resilient economy and retreating inflation.
More Stories
Australian house prices hit new peak as rate cut drives buyer demand
‘Fruit of the devil’: Hainan’s betel nut sellers suffer from stuttering economy
Volatility grips global stock markets as Trump insists on tariff ‘medicine’