The S&P 500 closed above 5,000 for the first time on Friday afternoon, as tech stocks rallied and expectations the will finally drop rates builds.The famous index tracks the performance of the 500 largest public companies in the US and is indicative of the perceived health of the economy.Companies leading the charge are mainly tech giants propelled by the hype around over the last year, many of which announced strong results for the last quarter this week.
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