S&P 500 Breaks 5,000 Mark Amid Anticipation for Key Inflation Data The S&P 500 hit a record high, closing above 5,000 for the first time after a strong few weeks driven by better-than-expected company earnings and the Federal Reserve’s consistent message on inflation. This week, all eyes are on the Consumer Price Index (CPI) for January, with experts predicting a year-on-year increase of 2.9%, down from December’s 3.4%. This suggests that while inflation is expected to have slowed, careful monitoring continues. The CPI measures changes in the price level of a basket of consumer goods and services, including food and energy, providing a key indicator of inflationary trends. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts For a record 446 days, this recession indicator pointed to a downturn that never arrived READ MORE 3,000-Year-Old Phoenician Gold Artifact Discovered in Jerusalem READ MORE Commercial Real Estate Concerns Lead to Higher Borrowing Costs for Banks READ MORE Fed's Rate Hikes Propel Global Shift Away from U.S. Dollar, Says Atlantic Council READ MORE Florida Real Estate Falls As Homebuyers Deterred by Higher Insurance Costs READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment
