Dschrute3
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- Dec 10, 2016
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Trump Economy rollin along.
The benchmark S&P 500 touched a record high on Tuesday and equaled its longest-ever bull-market run, as U.S. stocks rose on earnings reports in the consumer sector and relative calm in the trade dispute between the United States and China.
The S&P <.SPX> rose as much as 0.6 percent to a record intraday high of 2,873.23 points, topping its previous record high of 2,872.87 on Jan. 26, though it closed below both those marks.
The index's bull-market run is now 3,452 days old and on Wednesday would become the longest such streak in history.
Trade-sensitive industrial stocks rose for the fourth consecutive session as investors remained optimistic that the United States and China could move closer to settling their trade dispute. The S&P 500 industrial index <.SPLRCI> rose 0.8 percent.
S&P touches record high, equals longest-ever bull run
DRUDGE REPORT 2018®
The benchmark S&P 500 touched a record high on Tuesday and equaled its longest-ever bull-market run, as U.S. stocks rose on earnings reports in the consumer sector and relative calm in the trade dispute between the United States and China.
The S&P <.SPX> rose as much as 0.6 percent to a record intraday high of 2,873.23 points, topping its previous record high of 2,872.87 on Jan. 26, though it closed below both those marks.
The index's bull-market run is now 3,452 days old and on Wednesday would become the longest such streak in history.
Trade-sensitive industrial stocks rose for the fourth consecutive session as investors remained optimistic that the United States and China could move closer to settling their trade dispute. The S&P 500 industrial index <.SPLRCI> rose 0.8 percent.
S&P touches record high, equals longest-ever bull run
DRUDGE REPORT 2018®