S&P 500 jumps to all-time high

The S&P 500 achieved a record peak, exceeding the previous high of 4818.62 set on January 4, 2022. This notable surge, witnessed on Wall Street, marks a significant recovery from early January's downturns. Both the S&P 500 and Nasdaq have successfully erased their initial losses, thanks largely to impressive advancements in the tech industry and optimistic expectations for further interest rate reductions in the current year.