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S&P 500 Closes Above 5,000
News February 09, 2024 at 02:31 PM
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What You Need To Know
- Bets that disinflation will tilt the Fed toward a rate cut are helping to fuel gains, combined with signs of economic strength.
- Another reason sustaining the stock market's strength to start the year is the outlook for corporate profits.
- Stocks may be a bit overheated at the moment, but that doesn't mean the markets are about to go off the rails, says Bret Kenwell at eToro.
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