Wall Street is close to setting record highs, even
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The stock market posted back-to-back gains of over 20% in 2023 and 2024, and still has a small chance at doing it again this year.
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The Dow Jones Industrial Average rose 646.26 points, or 1.34%, to 48,704.01, vaulting above its November 12 closing record. The S&P 500 gained 14.32 points, or 0.21%, to 6,901.00, breaching its October 28 record close.
Just a few weeks ago, the stock market stumbled over fears that artificial intelligence stocks might be in a bubble. Now stocks are back within reach of a record high.
Andrew Ross Sorkin’s book, 1929, takes us inside the Wall Street crash that led to the Depression. It asks: does history repeat itself? And what can we learn from it?
The U.S. stock market is having a terrific year. The benchmark S&P 500 ( ^GSPC +0.67%) is up 16% in 2025 despite economic uncertainty created by President Trump's tariffs. But there could be trouble on the horizon.
The S&P 493 has a lot of catching up to do, and 2026 could be key turning point.
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