S&P 500 Records on Repeat
Another day and another record high for the broader market. Decelerating consumerinfl ation and limited surprises from the Federal Reserve (Fed) drove the S&P 500 up0.9% yesterday, marking its 28th record high of the year. Buying pressure wasrelatively widespread and powered by above-average volume, somewhat of ananomaly amid the recent rally above the March highs.
