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Golden Age: Stocks Soar To Record Highs as Inflation Stays Cool, Trump Forges Middle East Peace, and Tax Deal Gains Steam
U.S. stocks climbed to new all-time highs Friday as investors reacted to a trifecta of favorable developments: inflation continuing to cool despite tariffs, the end of the Iran-Israel war, and growing signs that President Trump’s tax legislation is advancing in Congress.
The S&P 500 rose 0.52 percent to finish at a record 6,173.07. The Nasdaq Composite and Dow Jones Industrial Average also closed at historic highs, powered by gains in technology, energy, and industrial shares. Markets...