Markets today: S&P 500 hits 30th record of 2024 as Megacaps rally

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A rally in the world’s largest technology companies drove stocks to all-time highs, with some prominent Wall Street strategists rushing to boost their targets even as many hedge funds grow increasingly cautious.

Markets today: S&P 500 hits 30th record of 2024 as Megacaps rallyCEO Support for Peru President Plunges to 12% From 71% in a YearPuerto Rico Board Seeks Hearing to Revise Utility’s Debt PlanBorrowers revel in interest rate cut as the party ends for saversWhat high earners should do to manage their wealth and save timeMortgage lending among top risks facing financial system: OSFI'Sell in May and go away' makes less sense as technicals point to summer rallyYoung investors more likely...

8B in AprilFiera CEO says Bank of Canada has clear path to 3% interest rateBank of Canada deputy governor says bar for using QE again will be very highCanada needs 'laser-focused' productivity strategy, Dodge saysU.S. Fed officials dial back rate forecasts, signal just one '24 cutThe Daily Chase: Fed and CPI day in the U.S.

 

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