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Robinhood Markets' stock was falling in after-hours trading Friday.
The S&P 500 closed above 6000 for the first time since mid-February. The index posted its second consecutive weekly gain, finishing up 1.5% from the previous Friday, and is now sitting 2.34% below its record close from February 19th, 2025.
It doesn't have the same ring to it as Dow 10,000 — but a close back above 6,000 for the S&P 500 would do a lot to affirm bulls.
The index is having trouble staying above the 6000 level, indicating that not enough has changed in the economic environment to stoke confidence that stocks could soar from here.
CNBC's "Fast Money" traders on Thursday discussed where they think the S&P 500 will end the year at Fast Money Live.
Good Morning Traders! In today's Market Clubhouse Morning Memo, we will discuss SPY, QQQ, AAPL, MSFT, NVDA, GOOGL, META, and TSLA.
Warren Buffett is one of the greatest investors of our time, building a portfolio that topped $258 billion as of the end of the latest quarter. The billionaire's known for identifying quality companies and getting in on them when they're trading at reasonable, and sometimes even dirt cheap, levels.
J.P. Morgan analyst Matthew Boss upgrades the stock to Overweight despite tariff fears.
Stock markets worldwide are breaking records. That's just when you want to be the most careful.
AppLovin and Interactive Brokers are among the largest companies by market cap that still aren't in the benchmark index.