S&P 500 rockets past 5,600 in 37th record close of 2024

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All three of the major market averages end the day by over 1% higher apiece. The Dow Jones Industrial Average (^DJI) rockets higher by 429 points, and the Nasdaq Composite (^IXIC) and S&P 500 (^GSPC) post their latest record highs. This is the 37th record-high close for the S&P 500 in 2024 as it climbs above 5,600 for its first time.

Julie Hyman and Jared Blikre report on the day's market performances, while eyeing intraday gains in the tech sector and the tech-heavy Nasdaq 100 (^NDX)

For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime.

This post was written by Luke Carberry Mogan.