The S&P 500 And The Nasdaq Hit Record Highs Today
May 16, 2017 at 00:23 AM EDT
The S&P 500 and the Nasdaq hit record highs today. Profits from S&P 500 companies surged by 14.9% during the first quarter, the fastest rate since 2011. That’s a far cry from the earnings decline of nearly 7% experienced at the start of 2015.
