S&P 500 reaches record highs as Trump pushes for lower rates and oil prices

On Thursday, the S&P 500 reached record highs, driven by US President Donald Trump’s calls for reduced interest rates and cheaper oil prices, as reported by CNBC.

The index rose 0.53 percent, achieving an all-time intraday high for the second consecutive session and closing at 6,118.71. This surpassed the prior record of 6,090.27 set in early December.

The Dow Jones Industrial Average advanced 408.34 points, or 0.92 percent, to end the day at 44,565.07.