S&P 500 Smashes 7,000-Mark As Wall Street Powers Through Tariffs, AI Frenzy, Geopolitics
US equity benchmark S&P 500 Index hit a lifetime high of 7,000 points for the first time on Wednesday, ahead of the Federal Reserve’s monetary policy decision and quarterly earnings from major tech companies. On a 12-month basis, the index has gained 15%, and 2% year-to-date. The blue-chip index had scaled to 6,000 on Nov….