20 minutes ago, Tuesday’s session saw the S&P 500 inching closer to a new closing high, with the index trading around the 4,780 level, just 0.35% away from its highest level seen in January 2022. There was a broad rally among member stocks, with all 11 sectors of the benchmark index trading higher in the afternoon, including real estate, utilities, and industrials. Analysts, however, warned of potential disruptions in the economy and falling oil prices. On the other hand, semiconductor stocks and small caps hit a high, and retail sales climbed 3.1% during the holiday season. Notable stock movements included small caps and semiconductor stocks rising and tech stocks such as Lululemon and Arista Networks trading near their all-time highs.
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