Wall Street Hits New Records as S&P 500 Surpasses 5000 for the First Time
Wall Street continues its remarkable surge as the S&P 500 surpassed the 5000 level for the first time, setting a new record. The market rally that began in October shows no signs of slowing down, with the Dow Jones Industrial Average also on track to surpass its own record set last week. The Nasdaq composite is threatening to close above its all-time high set in 2021. In midday trading, the S&P 500 was up 0.4%, the Nasdaq composite was 0.4% higher, and the Dow Jones Industrial Average rose 200 points, or 0.5%.
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