S&P 500 hits all-time high, and ties record for longest bull market ever

(From CNBC)

The S&P 500 hit an all-time high on Tuesday and the benchmark tied the record for the longest bull market ever as investors bet that the strengthening economy and booming corporate profits seen under President Donald Trump’s first two years would continue, despite recent trade battles.

The broad index rose 0.5 percent to a new record, led by consumer discretionary and energy. In midday trading, the S&P 500 surpassed 2,872 a high reached on Jan. 26.

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