S&P 500 zooms past 6,000 for the first time on Trump euphoria [Globe and Mail, The (Toronto, Canada)]
Evercore Inc. Class A (EVR)
Last evercore inc. class a earnings: 4/22 06:00 am
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Source: Globe and Mail, The
The S&P 500 briefly touched the psychologically significant 6,000 mark for the first time on Friday, building on a sharp rally after Donald Trump won a second term as U.S. president. All three major indexes surged to record highs on Nov. 6 following the election results as analysts expect corporations to benefit from Trump's plans to cut taxes and reduce regulations. S&P 500 futures had crossed the 6,000 mark on Nov. 7. The benchmark index has rallied more than 25% this year, steadily gaining since the end of the previous bear market in October 2022. The S&P 500 was last up 0.43% at 5,998.50. S&P 500 Index Year to date Dec. 29, 2023 SOURCE: BARCHART The sharp gains in 2024 were largely powered by a steep rise in rate-sensitive megacap growth stocks on hopes of lower borrowing costs and optimism around a soft landing for the U.S. economy. The Federal Reserve cut rates for the first time in four years in September, followed by a 25 basis point cut in November. Trade
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EVR
Earnings
- 10/23/24 - Beat
EVR
Sec Filings
- 11/20/24 - Form 144
- 11/19/24 - Form 4
- 11/19/24 - Form 144
- EVR's page on the SEC website