S&P 500 rises to highest close of 2023 on interest rate cut optimism – Portal
NEW YORK, Dec 1 (Portal) – The benchmark S&P 500 index (.SPX) closed at its highest level of the year on Friday, as optimism grew that the Federal Reserve was finished raising U.S. interest rates and due to which could reduce inflation next year. The index closed at 4,594.63 points, up 26.83 points or 0.59%, … [Read more…]