The market avoided a repeat of last year's Christmas Eve meltdown, with stocks closing flat or close to flat. The Nasdaq edged higher to a new record for its 9th consecutive record closed.
rose slightly to hit a new record high of 8,952.88, posting its ninth consecutive record close for the first time since 1998. Trading was subdued in the holiday session and the market was closed at 1 p.m. ET.
The S&P 500 is currently trading at about 18 times forward earnings, the highest level since January 2018, according to FactSet.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Dow Jones and S&P 500 Hit Record Highs Day After Trump’s ImpeachmentStocks rose Thursday morning after Donald Trump became the third U.S. President to be impeached.
Weiterlesen »
S&P 500 could see a breakout run to almost 4,000 in 2020, BTIG's Julian Emanuel predictsBTIG's Julian Emanuel believes investor optimism will be a major bullish driver next year.
Weiterlesen »
A lot's changed since the market panic last Christmas Eve with the S&P 500 up nearly 40% sinceSince the market panic last Christmas Eve, the S&P 500 is up 37% while the trade outlook and monetary policy are more friendly to stocks.
Weiterlesen »
Here's what happened to the stock market on MondayBoeing shares led the gains in the broad market as the S&P 500 hit another record close.
Weiterlesen »
US stock markets set to build on record highs in shortened trading sessionU.S. stock index futures pointed to a slightly higher start on Tuesday, building on gains which took markets to fresh record highs in the previous session.
Weiterlesen »
Dow Jones and S&P 500 Hit Record Highs Day After Trump’s ImpeachmentStocks rose Thursday morning after Donald Trump became the third U.S. President to be impeached.
Weiterlesen »