NASDAQ is up over 1%. S&P tests 5000

07/02/2024 | 20:11 GMT

Stocks continue surge to the upside

Major US stock indices continued their surge to the upside

The NASDAQ index is now up over 1%. The S&P index is sniffing the 5000 level for the first time ever. The high just ticked to 4999.89.

The S&P sniffing 5000 is good and bad. The good is it is continuing its run to the upside. The bad is traders love one in nice natural round number holds resistance.

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