S&P 500 is near a record, but this Wall Street warning just hit a 2007 high

The S&P 500 closed Monday at 7,745.06, down 0.52%, and remains about 0.7% below its Aug. 13 record close of 7,798.99. The article flags that a key measure of US borrowing costs has risen to pre–global financial crisis levels, creating a cautious backdrop even as equities stay near highs.

Analysis

The S&P 500 closed Monday at 7,745.06, down 0.52%, and remains about 0.7% below its Aug. 13 record close of 7,798.99. The article flags that a key measure of US borrowing costs has risen to pre–global financial crisis levels, creating a cautious backdrop even as equities stay near highs.