S&P 500 Closes at Record High Ahead of Holiday

News July 03, 2024 at 02:39 PM
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What You Need To Know

  • The index rose to around 5,535, notching its 33rd record in 2024, on bets Fed policy easing will keep fueling Corporate America.
  • Treasuries climbed as data showed the services sector contracted at the fastest pace in four years.
  • A 22V Research survey shows 40% of investors think the market reaction to Friday's employment data will be negligible and/or mixed.