December 5, 2022

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S&P index trades at 4500 for the first time ever

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New benchmark for the broad market index

The S&P index is trading at 4500. That’s up around 14 points or 0.32%. That is a new milestone and a new all-time record intraday high for the index.

New benchmark for the broad market index_

Looking at the daily chart, the price is also testing a topside trendline connecting highs from May, July, and August (see red numbered circles). That trendline cuts across at 4504.70.

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