Home
cover of episode S&P 500 Tops 6,000 in Late Move, Despite Chip Dip

S&P 500 Tops 6,000 in Late Move, Despite Chip Dip

2024/11/11
logo of podcast Schwab Market Update Audio

Schwab Market Update Audio

Chapters

The S&P 500 closed above 6,000 for the first time, powered by consumer discretionary and financials, despite tech not participating and chip sector concerns.
  • S&P 500 closed above 6,000 for the first time.
  • Consumer discretionary and financials sectors were the main drivers.
  • Tech sector did not participate, and chip sector was hurt by China trade concerns.

Shownotes Transcript

The S&P 500 closed above 6,000 for the first time, powered by consumer discretionary and financials. Chips fell on China trade tension, the dollar rose, and Treasuries were closed.

Important Disclosures

Information on this site is for general informational purposes only and should not be considered individualized recommendations or personalized investment advice. The type of securities and investment strategies mentioned may not be suitable for everyone. Each investor needs to review a security transaction for his or her own particular situation. All expressions of opinion are subject to change without notice in reaction to shifting market, economic and geo-political conditions.

Data contained herein from third-party providers is obtained from what are considered reliable sources. However, its accuracy, completeness or reliability cannot be guaranteed.

All corporate names are for illustrative purposes only and are not a recommendation, offer to sell, or a solicitation of an offer to buy any security.

Investing involves risk, including loss of principal.

Past performance is no guarantee of future results.

The Schwab Center for Financial Research is a division of Charles Schwab & Co., Inc.

Apple Podcasts and the Apple logo are trademarks of Apple Inc., registered in the U.S. and other countries.

Google Podcasts and the Google Podcasts logo are trademarks of Google LLC.

Spotify and the Spotify logo are registered trademarks of Spotify AB.e, and Treasuries were closed.