S&P 500 Heading for Record High as Markets Rise Ahead of Economic Data
Market Intelligence Analysis
AI-PoweredThe S&P 500 is poised to hit a record high as market indexes rise ahead of economic data releases, with futures adding 0.1% and the benchmark gauge within striking distance of its record closing high.
Market impact analysis based on bullish sentiment with 84% confidence.
Article Context
Stocks looked set to edge higher on Tuesday–although that could be enough for the benchmark S&P 500 to hit a record, with much of Wall Street on vacation and only a couple of economic data releases due between now and the holiday season. S&P 500 futures added 0.1%, enough for the gauge to hit a new high if it can maintain the gains all day. The three major indexes all rallied on Monday, putting the S&P within striking distance of its record closing high.
Analysis and insights provided by AnalystMarkets AI.