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Berkshire Hathaway share price sets record high

The price of Berkshire's Class A shares rose 1.4%
The price of Berkshire's Class A shares rose 1.4%

Berkshire Hathaway's share price hit a record high today, reflecting investors' confidence in Warren Buffett's company, often regarded as a microcosm of the broader American economy.

The price of Berkshire's Class A shares rose 1.4% to $648,172.50 in morning trading, surpassing the $647,039 price reached on February 26.

Berkshire's more widely held Class B shares are worth about 1/1500th as much.