S&P 500 Hits Fresh Record High in Bull-Market Momentum

S&P 500 Hits Fresh Record High in Bull-Market Momentum
A trader works on the floor at the New York Stock Exchange (NYSE) in New York City on Jan. 19, 2024. Brendan McDermid/Reuters
Reuters
Updated:
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The S&P 500 touched a fresh record high on Monday in another session of gains for Wall Street’s major indexes, with investors monitoring the ongoing corporate earnings season and any clues on interest-rate cuts this year.

The Dow Jones Industrial Average rose 55.75 points, or 0.15 percent at the open, to 37,919.55.

The S&P 500 opened higher by 13.61 points, or 0.28 percent, at 4,853.42, while the Nasdaq Composite gained 82.08 points, or 0.54 percent, to 15,393.05 at the opening bell.