S&P 500 Climbs to New Record High

Entergy jumped 6% to help lead the market after the electric company reported stronger profit than analysts expected. It joined a lengthening list of US companies that have topped profit expectations for the end of 2024. Entergy’s rise helped offset a 5.5% drop for Conagra Brands, which lowered its forecasts for upcoming profit and other financial measures, the AP reports. The food company said supply issues have hurt two of its product lines: frozen vegetables and frozen meals containing chickens. Meta Platforms fell 2.8% in its first drop in 21 days. US stocks have broadly climbed back toward record heights…