Apr 23, 2019

S&P 500 closes at new record for the first time in 6 months

The S&P 500 closed at a record high for the first time since September, while the Nasdaq closed at a new high for the first time since August.

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Source: Factset

Between the lines: The S&P is up 17% so far this year so it's been a quick — but not unusual — rebound from the December sell-off that threatened stocks' bull run. But we're used to seeing new highs for the stock market much more often: before today's close, this was the longest the S&P and Nasdaq had gone without closing at or above record levels since 2016, per the WSJ.

Go deeper: The S&P 500 has rallied on optimism

Go deeper

The technology of witnessing brutality

Charging Alabama state troopers pass by fallen demonstrators in Selma on March 7, 1965. Photo: Bettmann/Getty Images

The ways Americans capture and share records of racist violence and police misconduct keep changing, but the pain of the underlying injustices they chronicle remains a stubborn constant.

Driving the news: After George Floyd's death at the hands of Minneapolis police sparked wide protests, Minnesota Gov. Tim Walz said, “Thank God a young person had a camera to video it."

41 mins ago - Health

Lessons from the lockdown — and what comes next

Illustration: Eniola Odetunde/Axios

We are nowhere near finished with the coronavirus, but the next phases of our response will — if we do it right — be more targeted and risk-based than the sweeping national lockdown we’re now emerging from.

Why it matters: Our experience battling this new virus has taught us a lot about what does and doesn’t work. We’ll have to apply those lessons rigorously, and keep adapting, if we have any hope of containing the virus and limiting the number of deaths from here on out.

Updated 59 mins ago - Politics & Policy

George Floyd protests: Unrest continues for 6th night across U.S.

A protest near the White House on Sunday night. Photo: Alex Wong/Getty Images

Most external lights at the White House were turned off late Sunday as the D.C. National Guard was deployed and authorities fired tear gas at hundreds of protesters nearby, per the New York Times.

What's happening: It's one of several tense, late-night standoffs between law enforcement and demonstrators in the United States over the death of George Floyd and other police-related killings of black people.