Connect with us
The S&P 500 hit a new record high of 1,808.56 today as investors weighed the timing of stimulus cuts from the Federal Reserve.

archive

S&P 500 Reaches another New Record High

The S&P 500 hit a new record high of 1,808.56 today as investors weighed the timing of stimulus cuts from the Federal Reserve.

S&P 500 Reaches another New Record High (Bloomberg)

The S&P 500 hit a new record high of 1,808.56 today as investors weighed the timing of stimulus cuts from the Federal Reserve. The previous high was reached Nov. 27. ??People are getting more comfortable with the idea of tapering and the concept that the reason for the taper is that the economy is getting stronger,? Walter Todd, chief investment officer of Greenwood Capital Associates LLC in Greenwood, South Carolina, said. ??At the end of the day that??s a good thing not a bad thing. For the next week it??s just going to be speculation around the timing.?

Written By

Advertisement
Advertisement

TRENDING NOW:

archive

S&P 500 Reaches another New Record High

S&P 500 Reaches another New Record High (Bloomberg)

The S&P 500 hit a new record high of 1,808.56 today as investors weighed the timing of stimulus cuts from the Federal Reserve. The previous high was reached Nov. 27. “People are getting more comfortable with the idea of tapering and the concept that the reason for the taper is that the economy is getting stronger,” Walter Todd, chief investment officer of Greenwood Capital Associates LLC in Greenwood, South Carolina, said. “At the end of the day that’s a good thing not a bad thing. For the next week it’s just going to be speculation around the timing.”

TRENDING NOW:

THE TRUTH ABOUT GLOBAL WARMING: REAL THREAT OR HYSTERIA?

archive

Dystopia Alert: A Decimating National Debt

archive

Guest Columnist: Why We Must Have a Border Wall

archive

Rising Social Agenda Brings Luster to Qualified Dividends

archive

Connect