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Recordhigh

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S&P 500 Hits 6,000 as Bulls Target Record Highs

Originally Published 7 months ago — by MarketWatch

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Source: MarketWatch

The S&P 500 closed just above 6,000, a key psychological level, as investors remain optimistic about a potential return to record highs, despite ongoing concerns about tariffs and earnings expectations. The market's recent recovery from a nearly 20% decline has brought it close to its previous peak, with analysts watching for a confirmed close above 6,000 to signal further gains, while cautioning that tariffs could still impact earnings and economic indicators.

"JPMorgan Stock Hits Unprecedented Peak"

Originally Published 2 years ago — by Bloomberg

Featured image for "JPMorgan Stock Hits Unprecedented Peak"
Source: Bloomberg

JPMorgan Chase & Co.'s stock reached a new record high, with shares increasing by 1.2% to $172.08, surpassing the previous peak from October 2021. This milestone marks the first record high in over two years for the largest U.S. bank, which has outperformed its major banking peers with a 27% rise in 2023. The bank's robust financial results and a strategic acquisition have contributed to its strong performance, despite CEO Jamie Dimon's caution about the bank "over-earning" in some areas.