S&P 500 closes above 6,400 for first time as rate cut bets jump after CPI inflation report
The S&P 500 (^GSPC) is set to hit another record close on Tuesday and close above 6,400 for the first time ever. As has been the case for much of the bull market that started in October 2022, large-cap technology stocks are driving the market’s latest leg higher. “Investors are back to their usual embrace…