Story perspectives
S&P 500 Hits Record, Faces Inflation Concerns Ahead
2/23/2025
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Story summary
- The S&P 500 hit a record high on February 19 but experienced a weekly decline.
- Investors show reduced concern over rising interest rates, yet remain wary of market volatility.
- J.P. Morgan's Phil Camporeale cautions that inflation may unexpectedly increase in the year's second half.
- Wage growth and rising prices in the U.S. services sector could be significant inflation contributors.
