The S&P 500 touched a new record on Thursday, joining the Dow Jones Industrial Average in wiping out a two-month swoon amid strong profits and year-end optimism.
The S&P 500 was last up 0.2% and late in the session touched a new all-time high of 4,546.34. The Nasdaq Composite rose 0.6%
Corporate America has so far had a solid profit performance in the third quarter, even as higher costs prove to be persistent. Of the 101 S&P 500 companies that have reported through Wednesday, 84% topped analysts’ earnings estimates according to Refinitiv
HumanQuant By HumanPotential – A Bespoke Algo Driven Investment Program Powered By 75% A.I. and 25% Human Intelligence
From A Blank Canvas, We Create Wealth With 90% Accuracy, Trading Equities, ETFs, Futures, FX and Cryptos. Risk Versus Reward Is Crafted To Suit Your Requirements
Talk To Us Today And Let Us Give You A Taste Of The Great Disruption: bit.ly/AlgoTrader OR bit.ly/AlgoFactory
AlgoTrader 