The S&P 500 index has set a new record, closing at 6,129.58 amidst concerns about inflation and trade policies.
Record Performance of S&P 500
On Tuesday, the S&P 500 index hit a record high of 6,129.58, marking a 4.5% gain year-to-date. Investors continue to invest in the market despite concerns over inflation and trade policies under President Donald Trump's administration.
Movements of Other Indices
The Dow Jones Industrial Average barely moved, adding 10 points or 0.02% to close at 44,556.34. The Nasdaq Composite closed at 20,041.26, gaining 0.07%. Futures for the S&P 500 and Nasdaq 100 edged up less than 0.01%, while Dow futures added 18 points or 0.04%.
Experts’ Forecasts and Opinions
Shares of Meta dropped 2.76% to $716.37 in after-hours trading. Despite negative sentiment, the market remains strong. Craig Johnson from Piper Sandler noted that the stock market's resilience has been impressive amid concerns about inflation and trade issues. Over the past two years, the S&P 500 gained 23% in 2024 and 24% in 2023. JPMorgan analysts believe a similar gain in 2025 is unlikely. Scott Wren from Wells Fargo Investment Institute does not expect another 20% gain in 2025.
While the S&P 500 continues to attract investors, experts remain cautious in their forecasts for future years.
