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The DowJones Industrial Average AND the S&P500 Index both closed at record highs today

Posted on 1/19/24 at 7:21 pm
Posted by LSURussian
Member since Feb 2005
126965 posts
Posted on 1/19/24 at 7:21 pm
DowJones Industrial Average closed at 37,863.80 and the S&P 500 closed at 4,839.81.

The DJIA started 2024 at 37,689.54 and the S&P 500 started the year at 4,769.83.


Posted by notiger1997
Metairie
Member since May 2009
58268 posts
Posted on 1/19/24 at 7:26 pm to
Posted by HailToTheChiz
Back in Auburn
Member since Aug 2010
49034 posts
Posted on 1/19/24 at 7:43 pm to
To the moon!
Posted by SloaneRanger
Upper Hurstville
Member since Jan 2014
7855 posts
Posted on 1/19/24 at 7:57 pm to
That’s great until you realize that a dollar is worth a lot less than it was three years ago. What was the Dow three years ago? For those of us lucky to own a lot of equities we have stayed flat or fallen a little behind. Most Americans haven’t been so lucky.
Posted by ChexMix
Taste the Deliciousness
Member since Apr 2014
25174 posts
Posted on 1/19/24 at 8:14 pm to
Crash incoming
Posted by MrSpock
Member since Sep 2015
4364 posts
Posted on 1/19/24 at 8:54 pm to
Time to short it to Hades?
Posted by SM1010
Member since Oct 2020
761 posts
Posted on 1/20/24 at 9:22 am to
I don't get the point of this whole argument. Inflation has been bad the past few years. It's been bad in the past. It'll be bad in the future again at some point.

The most reliable way to outpace it over the long term is to invest. Everyone should be rooting for the market to thrive, especially those pissed off by inflation.

So again, what exactly is the point of a "yah but inflation" argument in this thread?
Posted by LSURussian
Member since Feb 2005
126965 posts
Posted on 1/22/24 at 3:09 pm to
New all-time closing highs today for the Dow Jones Industrial Average (38,001.81) and the S&P500 (4,850.43).
Posted by AllDayEveryDay
Nawf Tejas
Member since Jun 2015
7081 posts
Posted on 1/23/24 at 12:07 pm to
Is it time to start gambling on penny stocks again? Tell me it's time!
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