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5 Stocks Propelling S&P 500 to 25th Record High
AVGOBroadcom(AVGO) ZACKS·2024-06-06 15:26

The S&P 500 achieved a record high for the 25th time this year, powered by technology stocks. The multiple reports signaling slowing growth in the world's largest economy revived the Fed rate cuts bets once again, leading to a strong rally. Traders now see a nearly 69% chance of a September rate reduction, according to the CME's FedWatch tool, compared with around 50% last week.While most of the stocks have performed well, we have highlighted five of them that led the way higher in yesterday's trading sessi ...