S&P 500 Closes at Record High as Morgan Stanley Raises 8,300 Target
The S&P 500 closed at a new all-time high on Wednesday, while the Nasdaq 100 also finished at a record closing level. The latest advance extends a six-week rally that has lifted the benchmark 18% from its March 30 bottom and added about $10.2 trillion in market capitalization.
Morgan Stanley raised its S&P 500 target to 8,300 as earnings surge, adding to the bullish tone around US stocks. The day’s gains were uneven, however, with the S&P 500 up 0.7% even as 312 of its members declined.
From the sources (25 posts)
@charliebilelloRT @charliebilello: The S&P 500 just crossed above 7,400 for the first time. A year ago it was at 5,600. 5 years ago it was at 4,200. 10 ye…
@kobeissiletterBREAKING: The S&P 500 erases all losses and turns green despite US-Iran peace talks appearing to stall.
@bulltheoryioTHIS IS INSANE. U.S. markets opened at fresh all time highs today, marking 6 consecutive weeks of gains for both the S&P 500 and Nasdaq. Memory stocks are also at ALL TIME HIGHS: $MU at $818 $SNDK at $1,600 $WDC at $502 $STX at $808
@polymarketmoneyNEW IN: S&P 500 hits new all-time high.
@maxcrypto🚨 BREAKING 🚨 S&P 500 and Nasdaq hit another ATH today. $300,000,000,000 added to the US stock since market open.
@kevrgordonS&P 500 +0.33% with 292 members declining
@kevrgordonPer @bespokeinvest: The only precedent for when the S&P 500 has been at record highs while fewer than 60% of stocks were above both their 50- and 200-day moving averages: December 1998-March 2000.
@kalshiJUST IN: S&P 500 closes at record high of 7,412
@kobeissiletterBREAKING: The S&P 500 posts a 70+ point reversal, nearly turns green on the day, and closes above 7,400.
@maxcrypto🔥INSANE REVERSAL: $750,000,000,000 added to the US stock market in last 3 hours.
@bulltheoryioMASSIVE REVERSAL IN THE MARKET $750 billion added from the intraday lows by the close. The S&P 500 erased all of its intraday losses after the hot CPI report and closed above 7400. The Nasdaq also recovered +1.5% from the daily low after
@kobeissiletterBREAKING: The S&P 500 extends its historic rally into record high territory, now up +18% since its March 30th bottom. That's +$10.2 TRILLION in market cap added in just 6 weeks.
@morningbrewRT @brewmarkets: The S&P 500 just hit a new record high.
@maxcrypto🔥HUGE: S&P 500 just hit another all-time high. This is despite rising inflation and no US-Iran talks.
@maxcryptoINSANE: US stock market has erased all its losses and has now turned green. $400,000,000,000 has now been added to the US stock market in past hour.
@kalshiJUST IN: Morgan Stanley expects S&P 500 to hit 8,000 this year 50% chance it happens
@polymarketJUST IN: Morgan Stanley raises its S&P 500 target to 8,300 as earnings surge.
@globalmktobserv‼️The S&P 500 rally has rarely been this WEAK: Just 22% of S&P 500 stocks have outperformed the index over the last 30 days, one of the lowest readings in 30 years. This is also 3 standard deviations below the long-run average of 50%. It
@brewmarketsThe S&P 500 just hit a new record high.
@hedgeyeThe S&P 500 has made a new all-time high
@kalshiJUST IN: S&P 500 hits all-time high of 7,450
@bulltheoryioTHE S&P 500 JUST HIT A NEW ALL TIME HIGH. In the last 3 hours alone, it is up 1%, adding $650 billion in market value. The S&P 500 is now up 18% since the March 30 bottom, $10.2 trillion added in just 6 weeks. That is larger than the GDP
@cointelegraph🚨 BIG: The S&P 500 has reached a new all-time high of 7,450.
@kevrgordonS&P 500 +0.7% with 312 members declining
@lizannsondersRT @KevRGordon: S&P 500 +0.7% with 312 members declining