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S&P 500 closes in on record after full recovery, Heather Long notes

S&P 500 closes in on record after full recovery, Heather Long notes
S&P 500 rebounds, nears record high

The S&P 500 index has rebounded fully from its losses related to the war in Iran, coming within a hair of its record closing high of 6,978.60 set on January 27.

Heather Long highlighted that, following a strong rally, Wall Street investors seem to be looking beyond the ongoing conflict, with market sentiment showing resilience despite uncertainties.

Earlier this year, Heather Long reported that the U.S. hiring rate fell to 3.1 percent in February, marking its lowest level since April 2020. She also noted that the cost of car ownership in the U.S. has surged 41% since 2020, outpacing wage and consumer price gains. These recent data points reflect ongoing economic shifts amid persistent market volatility.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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