The rapidly rising S&P 500 is a welcome sign for the millions of Americans who invest in the index through retirement accounts. The economic environment is finally improving, consumer sentiment is on the riseTech companies, including some names extensively associated with artificial intelligence work, led the S&P 500 gains. The S&P 500 hasn't had an entirely smooth road to Friday's close. While the leading stock indexes seemed to be stable in the final weeks of the year, the S&P 500 repeatedly faltered as it approached a record. Plus, he said, hitting a new stock market record requires overcoming a certain level of anxiety.

Source: Washington Post January 20, 2024 02:10 UTC