S&P 500 breaches 5,000 level for first time ever

The S&P 500 breached the 5,000 level for the first time ever, according to CommSec’s Tom Piotrowski.

Mr Piotrowski noted there has been “quite an upbeat tone” struck by US investors.

“We had the S&P 500 breach the 5,000 level for the first time ever,” he told Sky News Australia.

“So it finished with a gain of around 0.6 of a per cent.”

Presented by CommSec.