S&P 500 Reaches New Heights

This Friday, the S&P 500 index soared to a new record high, marking a significant milestone in the stock market. This surge comes in the wake of President Donald Trump's inauguration earlier this week, with his forward-looking remarks on the nation's growth and future policies injecting a wave of optimism among investors.

After peaking at an unprecedented 6,128.18, the S&P 500's momentum slightly waned, trading flat at 12:28 pm ET. Concurrently, the Dow Jones experienced a minor dip of 0.10%, and the Nasdaq 100 saw a decrease of 0.29% a minute later.

Euro Strengthens Against the Dollar

In the currency markets, the euro made notable gains against the dollar, surging 0.91% to sell at 1.05125 by 12:31 pm ET, reflecting the dynamic shifts in global financial markets amidst these developments.