Read time: 0 minutes

S&P 500 At New Record On Solid Earnings, Economic Data

Stocks keep hitting record highs in America, this the time it's the S&P 500. Solid economic and corporate earnings reports have keyed the newest surge.

Via AFP:

The S&P 500 Wednesday closed at a new record following a batch of mostly solid economic and corporate earnings reports, and a modestly upbeat Federal Reserve report.

The S&P 500 jumped 9.50 (0.52 percent) to 1,848.38, edging past the prior record of 1,848.36.

The Dow Jones Industrial Average gained 108.08 (0.66 percent) to 16,481.94, while the tech-rich Nasdaq Composite Index increased 31.87 (0.76 percent) to 4,214.88.

Peter Cardillo, chief market economist at Rockwell Global Capital, said the Federal Reserve's "Beige Book" survey pointed to stronger economic conditions thro...

Continue reading...

Can you help us out?

For 16 years we have been exposing Washington lies and untangling media deceit. We work 7 days a week, 16 hours a day for our labor of love, but with rising hosting and associated costs, we need your help! Could you donate $21 for 2021? Please consider a one-time or recurring donation of whatever amount you can spare, or consider subscribing for an ad-free experience. It will be greatly appreciated and help us continue our mission of exposing the real FAKE NEWS!

More C&L Coverage

Discussion

New Commenting System

Our comments are now powered by Insticator. In order to comment you will need to create an Insticator account. The process is quick and simple. Please note that the ability to comment with a C&L site account is no longer available.

We welcome relevant, respectful comments. Any comments that are sexist or in any other way deemed hateful by our staff will be deleted and constitute grounds for a ban from posting on the site. Please refer to our Terms of Service (revised 3/17/2016) for information on our posting policy.

Please Do Not Use the Login Link at the Top of the Site.

In order to comment you must use an Insticator account. To register an account, enter your comment and click the post button. A dialog will then appear allowing you create your account.

We will be retiring our Crooks and Liars user account system in January, 2021.

Thank you.
C&L Team