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S&P 500 notches another record high as recovery optimism overtakes inflation concerns

S&P 500 notches another record high as recovery optimism overtakes inflation concerns

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The S&P 500 notched another record high to end the week as investors remain optimistic the the economy is on the way up and inflationary pressures will be short lived. “Inflation is being pushed higher on supply chain issues and pent-up consumer spending, all of which should start to ease around the end of summer,” Ed Moya, senior market analyst at foreign exchange firm Oanda, said in a note.

...read full article on Business Insider

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