Another All-Time High for Stocks

The stock market is again up to a new all-time high. The S&P 500 has been as high as 4,271.16 this morning. The Dow is still about 800 points from its all-time high from May 10.

This morning’s weekly unemployment claims report fell to 411,000. That’s still above the pandemic low of 374,000 from two weeks ago.

Also this morning, the Q1 GDP was revised to 6.4%. That’s the same number as the first and second reports. I don’t ever recall that happening. In fact, there’s a tiny change in these numbers but not enough to alter the decimal.

Posted by on June 24th, 2021 at 10:45 am


The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.