Chart of the Week: The S&P 500 Hits New High

Chart SP 500 High

The S&P 500 hit an all-time high Tuesday despite the volatility that has been present in markets in 2018. Second quarter earnings growth from S&P 500 companies certainly aided in the index’s performance leading up to the new high. We will be watching to see how markets respond to trade and political developments as well as second half earnings.

All indices are managed, and investors cannot actually invest directly into an index. Unlike investments, indices do not incur management fees, charges or expenses. Past performance does not guarantee future results.