Episode Details
Back to Episodes
Wall Street's Record Highs Are Starting to Look a Little Narrow
Episode 817
Published 4 months, 3 weeks ago
Description
The market is making history, but not everyone is invited. On Tuesday, the S&P 500, Nasdaq and Dow all closed at record highs. The S&P 500 even finished above 7,600 for the first time. That sounds like a broad vote of confidence in the American economy. Look closer, though, and the picture is less democratic. A small group of technology and semiconductor stocks is doing most of the heavy lifting. The rest of the market is coming along, but more like a passenger than a co-pilot.
Hosted by Audiomeans. Visit audiomeans.fr/politique-de-confidentialite for more information.