As the S&P 500 ends above 6,400 for the first time, here are a few reasons for caution - MarketWatch
1. S&P 500 hit record level above 6,400, reflecting market optimism. 2. Confidence around Fed rate cuts increases as inflation rises slowly. 3. Tariff concerns may hinder consumer spending and impact economic growth. 4. Higher-income households driving spending, while lower-income consumers struggle. 5. Potential inflation increase tied to tariffs could disrupt current market gains.