U.S. Stocks Reach New Milestone as S&P 500 Closes Above 5,000 Level

Wall Street celebrated as the S&P 500 index closed above the 5,000 level for the first time. The S&P 500 has set a record 10 times in less than a month, solidifying its winning streak. Milestones like this one may not hold much significance, yet they fuel the market with optimism and momentum.