S&P 500 at Record Highs Driven by AI Boom

S&P 500 at Record Highs Driven by AI Boom

The S&P 500 (SNPINDEX: ^GSPC) is bouncing near all-time highs and that’s great for investors. But the backdrop needs some context, like what’s driving the market and how do values compare to history. Travis Hoium covers all of this in this video.

*Stock prices used were end-of-day prices of May 29, 2024. The video was published on May 29, 2024.

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Suzanne Frey, an executive at Alphabet, is a member of The Motley Fool’s board of directors. John Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool’s board of directors. Randi Zuckerberg, a former director of market development and spokeswoman for Facebook and sister to Meta Platforms CEO Mark Zuckerberg, is a member of The Motley Fool’s board of directors. Travis Hoium has positions in Alphabet and Apple. The Motley Fool has positions in and recommends Alphabet, Amazon, Apple, Meta Platforms, Microsoft, and Nvidia. The Motley Fool recommends the following options: long January 2026 $395 calls on Microsoft and short January 2026 $405 calls on Microsoft. The Motley Fool has a disclosure policy. Travis Hoium is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.

S&P 500 at Record Highs Driven by AI Boom was originally published by The Motley Fool

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