Daily Archives: January 22, 2024

US Stock Market At Record While Drawdowns Prevail Elsewhere

Wall Street celebrated on Friday when the S&P 500 Index, the most popular benchmark of US shares, closed at a record high for the first time in more than two years. The celebration, however, was an outlier as the rest of the major asset classes continue to trade below previous peaks in varying degrees, based on a set of ETFs through the close of trading on Jan. 19.

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