Economics
Fresh Records Get Stale With S&P 500 Volume at 6-Year Low
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Lately, the higher the Standard & Poor’s 500 Index goes, the less investors care.
About 1.8 billion shares traded each day in S&P 500 companies last month, the fewest since 2008, according to data compiled by Bloomberg. When the gauge hit an all-time high on May 23, only about 20 of its 500 companies reached 52-week highs, the data show. That’s the lowest number in a year.