Biden Calls S&P 500 Record a ‘Sign of Confidence’ in US Economy
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US President Joe Biden touted the S&P 500 index's record high as a sign of US economic strength. The S&P 500 topped 5,000 for the first time on Friday, spurred by big-tech stocks and speculation that the Federal Reserve will cut interest rates soon. Biden's comment comes after a tough week in his reelection bid that focused attention on his age and mental acuity. A special counsel's report said the 81-year-old president showed 'diminished faculties and faulty memory.'

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https://www.bloomberg.com/news/articles/2024-02-10/biden-calls-s-p-500-record-a-sign-of-confidence-in-us-economy