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    Record Highs for S&P 500 & Dow: Positive Impact on 401(k) | FinOracle

    Market Trends & Social Media Insights – October 12, 2024 18:28

    Record Highs for S&P 500 & Dow: Positive Impact on 401(k) | FinOracle

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    Record Highs for S&P 500 & Dow: Positive Impact on 401(k) | FinOracle

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Record Highs for S&P 500 & Dow: Positive Impact on 401(k)

The S&P 500 hits a record high, boosting retirement accounts and reflecting investors' confidence in the economy. Tech stocks drive the market, but potential challenges lie with inflation and interest rates. Overall, the market is predicted to continue its upward trajectory.

by Mark Eisenberg
Sun, Jan 21, 2024 4:55pm
in Investing
• 2 mins read
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Record Highs for S&P 500 & Dow: Positive Impact on 401(k) | FinOracle

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The S&P 500 Hits Record High, Boosting Retirement Accounts

The S&P 500 index ended last week at a record high, which is welcome news for Americans’ retirement accounts. The benchmark index closed up 1.2% on Friday, surpassing its previous record from January 2022. This milestone follows major stock market declines in 2022, making it a significant recovery. Experts suggest that this achievement is a great reminder to investors that they are usually rewarded over time.

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