S&P 500 Races Toward 30th All-Time High of 2024

News June 17, 2024 at 02:36 PM
Share & Print

What You Need To Know

  • Optimism over a resilient economy, improving profits and the possibility of rate cuts are pushing equities higher.
  • There's also speculatation that some of the $6 trillion sitting in money market cash is poised to move into stocks.
  • But many stocks are now becoming more sensitive to softer growth conditions, according to Morgan Stanley strategists.