S&P index moves closer to all-time high closing level

<p>The major stock indices are trained to new session highs. In the process, the S&amp;P index is now within about 12- 13 points of its all-time high closing level of 4796.57. The high-priced just reached 4784.73. The high-priced reached near the end of December reached 4793 close to that all-time high, but the price backed off. The intraday high for the S&amp;P index reached 4818.62 back in January 2022.</p><p>The S&amp;P index is now in positive territory for the year at +0.28%</p><p>The Nasdaq index is also extending to the upside. That index is currently up 118 points or 0.79% at 14975.73. The Nasdaq index is now only down -0.22% from end-of-the-year levels.</p><p>The Dow Industrial Average is up 162.2 points or 0.43 percent at 37687. It's high-price today reached 37691.99. The Dow Industrial Average has also now erased its declines at the start of 2024, and trades near unchanged for the new year.</p>

This article was written by Greg Michalowski at www.forexlive.com.