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S&P 500 closes at record high

Herbert Lash

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Key Points

  • Surge on Wall Street ensures bull market stays alive
  • Oil surges on US plans to end Iran export sanction waivers
  • European oil companies lift regional equity indexes
  • Dollar gains as traders await US GDP data on Friday

New York | It took 14 weeks to fall, 17 weeks to recover, and if you managed never to sell during the US sharemarket's biggest tantrum in six years, you've just been made whole. .

Global equity markets rallied on Tuesday (Wednesday AEST), with the Nasdaq and S&P 500 indexes setting record closing highs on Wall Street, while European energy shares posted their biggest daily gain since January as crude prices surged.

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    Original URL: https://www.afr.com/markets/equity-markets/s-and-p500-reaches-new-record-as-earnings-roll-in-20190424-p51gne