Technical Analysis and Outlook
The broader S&P 500 index advanced for the third consecutive week, advancing 1.2% and almost setting new record highs as traders and investors remained delighted with Q4 earnings reports.
As the index leaving the Key Res $3,026 behind and ramping higher, the session closing record high and sneaking within 0.6 points of the historical intraday record high of $3,028.
The broader S&P 500 index advanced for the third consecutive week, advancing 1.2% and almost setting new record highs as traders and investors remained delighted with Q4 earnings reports.
As the index leaving the Key Res $3,026 behind and ramping higher, the session closing record high and sneaking within 0.6 points of the historical intraday record high of $3,028.