What Recession? S&P 500 Rockets to New High

Lai Tran June 20, 2019 0 Comments

The stock market crushed it again today, with the S&P 500 clipping an all-time high at 2,958, before dropping a tad to close at 2,954. With fears of a recession fading and the prospect of a rate cut from the Fed, investors are plowing money back into the stock market. Today’s Top Winner in the S&P 500 The day’s top winner in the S&P 500 was Oracle, the legendary software company, which crushed earnings estimates after the close yesterday. Oracle ended the day by increasing $4.31 to $56.99, up 8.2%. Oracle delivered a quarterly profit of $1.16 per share, beating analyst

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Source: Bitcoin CNN