"S&P 500 Sets Record Close, Best Q1 Performance Since 2019"
TL;DR
The S&P 500 closed at a record high, marking its best first quarter performance since 2019, with all three major averages rising for five straight months. Market sentiment is showing signs of euphoria, while RH shares soared after a strong forecast despite fourth quarter earnings falling short. Mortgage rates hover near 7%, and consumers are increasingly confident that inflation will continue falling. Meanwhile, Nikola shares surged after unveiling plans for a hydrogen fueling station, and Tesla stock slipped as the worst performer among the "Magnificent 7" this quarter.
- Stock market today: S&P 500's latest record closes out best first quarter since 2019 Yahoo Finance
- S&P 500 Posts Best Q1 Performance Since 2019; Inflation Data, Powell Speech Next Investor's Business Daily
- All major indexes rise for the fifth month in a row. Dow and S&P 500 strike new records CNN
- Stocks crush naysayers with best first quarter since 2019 Press Herald
- S&P 500 Gains and Losses Today: Index Posts Record Close To End First Quarter Investopedia
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