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S&P 500 Races Toward 30th All-Time High of 2024
By
Janet Levaux
News June 17, 2024 at 02:36 PM
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What You Need To Know
- Optimism over a resilient economy, improving profits and the possibility of rate cuts are pushing equities higher.
- There's also speculatation that some of the $6 trillion sitting in money market cash is poised to move into stocks.
- But many stocks are now becoming more sensitive to softer growth conditions, according to Morgan Stanley strategists.
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