The SPX500 is getting closer to its all-time high valuation. Despite Friday’s jobs report showing that 559,000 new jobs were added to the US economy in May, below the expected 670,000, all major US stock indices climbed on the final day of the week. The SPX500 added 0.9% on Friday, while the NASDAQ100 was up 1.8%, taking both indexes into positive territory for the week. The former is now just several points away from a new all-time high. Tech stocks were the big winner on Friday, with SPX500’s information technology sector up 1.9%.
SPX500 closer to all-time high
