By Natalie ShermanBusiness reporter, New York
Getty ImagesShares in the US rose to record highs on Friday, fuelled by tech stocks and rising hopes about the economy.
The S&P 500 index, which tracks shares of America’s biggest companies, ended the day up 1.2% to close at 4,839.8, topping the previous record set in January 2022.
The new high means it has recovered from the tumble it took two years ago.
Then, markets were worried over inflation and how the economy would respond.
Now, as inflation eases and threats of economic downturn recede, investors have piled back into stocks.
The Dow Jones Industrial Average, which tracks firms meant to be representative of the economy, rebounded to hit its own record late last year, as optimistic investors bought up shares.
It notched another new high on Friday, rising 1% on the day.
The Nasdaq, where many tech firms are listed, surged 1.7% but remains about 4% lower than…
