S&P 500 hits intraday high, breaking 7,800 level on Tuesday
- 1The S&P 500 rose to a new intraday high of 7,844.52 on Tuesday.
- 2The S&P 500 closed above 7,800 for the first time.
- 3The Magnificent 7 account for more than 34% of the S&P 500 market capitalization.
So what's the key point?
The S&P 500, a representative index of the US stock market, reached a new high by surpassing the 7,800 level. Seven large technology stocks make up more than 34% of this index.
Source CNBC · View original ↗
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