On Wednesday, the stock market remained relatively unchanged as traders closely monitored the S&P 500’s progress towards reaching record levels. The S&P 500 and Nasdaq Composite hovered around steady levels, while the Dow Jones Industrial Average experienced a modest increase of 53 points, equivalent to a 0.1% rise. The overall market index was within a 0.5% range of its previous record closing high of 4,796.56, which was achieved in January 2022. All three major indices – S&P 500, Dow Jones, and Nasdaq – are currently enjoying an eight-week winning streak, marking the longest such streak since 2017.
Source (CNBC)
