Stock Market Winners & Losers: S&P 500 Tops 5,500 for First Time | Man’s Best Friend is Getting Expensive

The S&P 500 topped 5,500 for the first time, driven by a significant rally in Nvidia, which has surged over 180% this year. Despite signs of a slowing economy with higher-than-expected jobless claims and poor housing starts, stocks are on track for a winning week. Meanwhile, Americans over 60 faced $3.4 billion in scam losses in 2022, with most cases going unreported. In the EV market, Fisker folded alongside other struggling companies as demand softens and China produces cheaper EVs. Additionally, dog ownership costs are rising significantly, especially in cities like Santa Monica and San Francisco, with annual expenses reaching up to $5,225, forcing many pet parents to cut spending in other areas.

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