The S&P 500 just cleared 7,400 for the first time ever, but Monday’s earnings reactions showed a market that still makes every stock earn its spot in the rally.
The S&P 500 just crossed another milestone, closing Monday at $7,400 for the first time ever.
It was yet another reminder that this bull market still has plenty of firepower, and the buyers are in complete control of the tape.
Today's trade is in a mental health biotech company focused on developing psychedelic-assisted therapies — primarily a synthetic form of psilocybin called COMP360 — for difficult-to-treat psychiatric conditions.