S&P 500 Nears Record High Amid Increased Market Volatility
MU Micron Technology Inc
$1063.96 -1.02%
View chart & analysis → - 1S&P 500 operating profit growth exceeded 30% in the second quarter.
- 2The S&P 500 reached a new record high on August 4.
- 3Micron is trading 15% below its June peak.
So what's the key point?
The stock index reached a record high as profits for major U.S. companies grew by more than 30%. However, Micron is trading at a price 15% lower than its peak in June.
Source CNBC · View original ↗
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