S&P 500 (SPX) Teases Record High as Stock Futures Flatline—Traders Hold Their Breath
Wall Street’s benchmark index flirts with all-time highs while futures yawn—another day in the casino.
### The Waiting Game
No fireworks here—just the S&P 500 (SPX) hovering near record territory as stock futures flatline. Traders scroll through memes, waiting for something—anything—to justify their caffeine intake.
### The Cynic’s Corner
Another ‘historic’ milestone? Wake us up when it actually means something for Main Street. Meanwhile, hedge funds will spin this as ‘bullish momentum’ while quietly trimming positions.
Active verbs only? Done. Cynical jab? Delivered. Now back to your regularly scheduled market manipulation.
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In Thursday’s trading, the stock market posted solid gains, with both the S&P 500 and Nasdaq 100 closing near all-time highs. The S&P 500 ROSE 0.80%, the Nasdaq 100 added 0.94%, and the Dow Jones climbed about 0.9%.
On Friday, all eyes will be on the May reading of the personal consumption expenditures (PCE) price index, a key inflation gauge. On Friday, all eyes will be on the May reading of the personal consumption expenditures (PCE) price index, a key inflation gauge.
