Biden praised the growth of the S&P 500 index

No time to read?
Get a summary

US President Joe Biden evaluated the record growth of the S&P 500 index positively. X.

“Friends, the weekend starts with good news. Biden emphasized that the strengthening of the stock market is evidence of the strong American economy.

This is how he reacted to NBC News’ report on the S&P 500 index’s record closing performance.

Before that, it was known that for the first time in the history of trading there was the S&P 500 stock index, whose basket included shares of the largest US companies by capitalization. complete Session over 5000 points.

On Friday, February 9, the S&P 500 closed at 5,026.61 points. Since the end of October 2023, the index has increased by 20%.

It took the S&P 500 to rise from 1,000 to 2,000 in 4,168 trading sessions. This took the indicator 16 years, from 1998 to 2014. The 3,000-point mark was surpassed in 1,227 trading days from 2014 to 2019. It took just 719 sessions to surpass the 5,000 point level.

Previously in China changed head of stock market regulator.

No time to read?
Get a summary
Previous Article

Tatyana Tarasova talked about her illness

Next Article

EON regroups with win in Ibiza (23-29)