S&P 500, Dow and Stock
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U.S. stocks closed mostly higher Tuesday, with the S&P 500 scoring a fresh record finish, as investors looked for progress from President Donald Trump on the trade front and awaited more corporate earnings.
The brokerage firm’s stock has risen 334% over the past year and Robinhood now has a market capitalization of $92 billion.
Whereas the average S&P 500 bear market has resolved in 286 calendar days (about 9.5 months) over a nearly 94-year period, the typical bull market endures for approximately 3.5 times as long -- 1,011 calendar days (roughly two years and nine months).
The S&P 500 hovered around breakeven on Tuesday despite gains for nearly four in five stocks in the index. Because the S&P 500 weighs its members by market capitalization, it was being dragged down by some of its heaviest hitters.
The latest batch of robust earnings results from major companies helped lift stocks, with the S&P 500 and Nasdaq Composite reaching new highs.
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Stocktwits on MSNDow Futures Edge Lower As Investors Exercise Caution After S&P 500’s Record High: GM, KO, NXPI, AZN Among Stocks To WatchU.S. stocks appear set for a weak opening on Tuesday as investors exercise caution after the Trump administration said more tariff letters could be sent out before August 1, according to White House Press Secretary Karoline Leavitt.