S&P 500 & Nasdaq Reach New Record Highs
SkimNews Take
Record highs for major indices, despite rising oil prices and ahead of key earnings, suggest a market less sensitive to traditional headwinds and more driven by a broad, sustained confidence in future growth.
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- S&P 500 and Nasdaq Composite each posted new record closing levels, according to CNBC live updates.
- Wall Street held near record highs even as oil prices climbed, per Barron's.
- U.S. stocks made modest moves a day after the record surge, with focus on Netflix earnings, per AP News.
- Investors displayed optimism, driving broader market gains, per Investing.com.
Why it matters: Investors see their equity holdings rise as the S&P 500 and Nasdaq hit record highs.
