S&P 500 Breaks Record For A Second Week

Published Friday, August 28, 2020, 8:25 PM EST

  The Standard & Poor's 500 (S&P 500) stock index closed Friday at a new all-time high for the second week in a row, as the two worlds of the S&P 500 and the real economy grew further apart.

FAANGM  -- Facebook, Amazon, Apple, Netflix, Google, and Microsoft -- led the recovery, the rest of the economy was on another planet.

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This article was written by a professional financial journalist for Advisor Products and is not intended as legal or investment advice.

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