Red Lake Nation News - Babaamaajimowinan (Telling of news in different places)

S&P 500, Nasdaq close at record highs as earnings roll in


April 24, 2019

Richard Drew – AP

The S&P 500 and Nasdaq indexes traded above their all-time closing high Tuesday. File photo of Tommy Kalikas working with fellow traders on the floor of the New York Stock Exchange last week.

The S&P 500 hit an all-time high Tuesday, marking the stock market's complete recovery from a nosedive at the end of last year.

The benchmark index's previous record was set last September, shortly before the market sank in the fourth quarter amid fears of a recession, an escalating trade war between the U.S. and China, and concern the Federal Reserve was moving too aggressively to raise interest rates.


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