S&P 500 Ekes Out Gain to Notch 55th Record in 2024: Markets Wrap
2 weeks, 6 days ago

S&P 500 Ekes Out Gain to Notch 55th Record in 2024: Markets Wrap

Live Mint  

A rally that drove stocks to a series of all-time highs showed signs of exhaustion, with investors awaiting this week’s key jobs report and Jerome Powell’s remarks for clues on whether Federal Reserve officials will cut interest rates in December. “The question for investors isn’t ‘will the Fed cut again.’ but rather ‘will the next cut be in December or January’,” said Lauren Goodwin at New York Life Investments. Macroeconomic indicators remain decidedly muddled, as all cues in our economic regime model show sputtering momentum.” History suggests a Fed easing cycle could offer resolute support for stocks, and clearly more if it’s accompanied by steady economic conditions, according to Nathaniel T. Welnhofer at BI. “The US economy continues to hum along, the Fed is on its path to lower interest rates, and earnings growth remains strong,” said Bret Kenwell at eToro. “While we expect bouts of volatility and corrections in the year ahead, we continue to believe that the S&P 500’s next leg up to our December 2025 target of 6,600 will be fueled by solid economic growth, the Fed’s easing, and AI advancement.” Within the US equity market, she favors technology, utilities and financials.

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History of this topic

How major US stock indexes fared Friday, 12/20/2024
3 days, 15 hours ago

How major US stock indexes fared Friday, 12/20/2024

Associated Press  

U.S. stocks rose to turn what would have been one of the market’s worst weeks of the year into just a pretty bad one. The Dow Jones Industrial Average jumped nearly 500 points, and the Nasdaq composite gained 1%. On Friday: The S&P 500 rose 63.77 points, or 1.1%, to 5,930.85. The Dow Jones Industrial Average rose 498.02 points, or …

How major US stock indexes fared Tuesday, 12/17/2024
6 days, 15 hours ago

How major US stock indexes fared Tuesday, 12/17/2024

Associated Press  

U.S. stock indexes closed lower and gave back some of their stellar gains for the year. The S&P 500 fell 0.4% Tuesday, though it’s still near its all-time high set earlier this month. The Dow Jones Industrial Average fell 0.6%, and the Nasdaq composite fell 0.3% from its record set the day before. The Dow Jones Industrial Average fell 267.58 …

How major US stock indexes fared Friday, 12/13/2024
1 week, 3 days ago

How major US stock indexes fared Friday, 12/13/2024

Associated Press  

Stock indexes closed mixed on Wall Street at the end of a rare bumpy week. Broadcom surged after the semiconductor company beat Wall Street’s profit targets and gave a glowing forecast, highlighting its artificial intelligence products. On Friday: The S&P 500 fell 0.16 points, or less than 0.1%, to 6,051.09. The Dow Jones Industrial Average fell 86.06 points, or 0.2%, …

How major US stock indexes fared Thursday, 12/12/2024
Trending News
1 week, 4 days ago

How major US stock indexes fared Thursday, 12/12/2024

Associated Press  

U.S. stock indexes drifted lower following some potentially discouraging data on the economy. The Dow Jones Industrial Average fell 0.5%, and the Nasdaq composite dropped 0.7% from its record set the day before. On Thursday: The S&P 500 fell 32.94 points, or 0.5%, to 6,051.25. The Dow Jones Industrial Average fell 234.44 points, or 0.5%, to 43,914.12. The Russell 2000 …

How major US stock indexes fared Wednesday, 12/11/2024
1 week, 5 days ago

How major US stock indexes fared Wednesday, 12/11/2024

Associated Press  

Wall Street got back to climbing after the latest update on inflation appeared to clear the way for more help for the economy from the Federal Reserve. On Wednesday: The S&P 500 rose 49.28 points, or 0.8%, to 6,084.19. The Dow Jones Industrial Average fell 99.27 points, or 0.2%, to 44,148.56. The Nasdaq composite rose 347.65 points, or 1.8%, to …

Stock market today: Wall Street slips to a rare back-to-back loss
2 weeks ago

Stock market today: Wall Street slips to a rare back-to-back loss

Associated Press  

NEW YORK — U.S. stock indexes drifted lower Tuesday in the runup to the highlight of the week for the market, the latest update on inflation that’s coming on Wednesday. AP AUDIO: Stock market today: Wall Street drifts as it waits for inflation data Investors are looking for direction on Wall Street. Wednesday’s update and a report on Thursday about …

Stock market today: Wall Street slips to a rare back-to-back loss
2 weeks ago

Stock market today: Wall Street slips to a rare back-to-back loss

LA Times  

A banner for Alaska Air Group hangs at the front of the New York Stock Exchange in the city’s Financial District. U.S. stock indexes drifted lower Tuesday in the run-up to the highlight of the week for the market, the latest update on inflation that’s coming on Wednesday. Tech titan Oracle dragged on the market and sank 6.7% after reporting …

Can stocks pull off a third consecutive year of big gains?
2 weeks, 1 day ago

Can stocks pull off a third consecutive year of big gains?

Live Mint  

Wall Street is grappling with whether another year of robust gains is possible for a stock market that is looking precariously expensive. JPMorgan Chase, Morgan Stanley and Goldman Sachs project that the S&P 500 will reach 6500 by the end of next year, a 6.7% increase from Friday’s close of roughly 6090. It would now take erasing the gains of …

Dividend stocks are primed for a comeback in 2025
2 weeks, 3 days ago

Dividend stocks are primed for a comeback in 2025

Live Mint  

Dividend-paying stalwarts such as JPMorgan Chase and Merck are primed to fare better in the coming year, some investors said. But “that’s when you should be buying" dividend stocks, said Chris O’Keefe, portfolio manager at Logan Capital Management. The S&P 500 Dividend Aristocrats Index, which includes 66 companies that have raised their dividends every year for the past 25 years, …

How major US stock indexes fared Thursday, 12/5/2024
2 weeks, 4 days ago

How major US stock indexes fared Thursday, 12/5/2024

Associated Press  

U.S. stocks slipped below their records in the runup to a big jobs report due on Friday. The Dow Jones Industrial Average lost 0.6%, while the Nasdaq composite fell 0.2%. On Thursday: The S&P 500 fell 11.38 points, or 0.2%, to 6,075.11. The Dow Jones Industrial Average fell 248.33 points, or 0.6%, to 44,765.71. The Russell 2000 index of smaller …

Wall Street parties like it’s 1998 as AI fuels gains unmatched since dot-com era
2 weeks, 5 days ago

Wall Street parties like it’s 1998 as AI fuels gains unmatched since dot-com era

Associated Press  

NEW YORK — The S&P 500 is on track to close 2024 with a gain of nearly 27%, after setting 50 record highs this year. That’s on top of its 24.2% spurt the year before, a spectacular two-year run unmatched since the dot-com boom. But perhaps more importantly, it’s so far avoided a recession that many on Wall Street worried …

How major US stock indexes fared Tuesday, 12/3/2024
2 weeks, 6 days ago

How major US stock indexes fared Tuesday, 12/3/2024

Associated Press  

U.S. stocks tiptoed to more records after a quiet day of trading. The S&P 500 edged up by 2 points, or less than 0.1%, on Tuesday to set an all-time high for the 55th time this year. The Dow Jones Industrial Average slipped 0.2%, while the Nasdaq composite added 0.4% to its own record set a day earlier. The Dow …

How major US stock indexes fared Friday, 11/29/2024
3 weeks, 5 days ago

How major US stock indexes fared Friday, 11/29/2024

Associated Press  

Stocks closed with solid gains as Wall Street put the finishing touches on one of its best months of the year. The S&P rose 0.6% while the Dow Jones Industrial Average gained 188 points, or 0.4%. On Friday: The S&P 500 rose 33.64 points, or 0.6%, to 6,032.28. The Dow Jones Industrial Average rose 188.59 points, or 0.4%, to 44,910.65. …

How major US stock indexes fared Tuesday, 11/26/2024
3 weeks, 6 days ago

How major US stock indexes fared Tuesday, 11/26/2024

Associated Press  

U.S. stocks closed at more records after Donald Trump’s latest talk about tariffs created only some ripples on Wall Street. The Dow Jones Industrial Average added 0.3% to its own record set the day before, while the Nasdaq composite rose 0.6% as Big Tech stocks helped lead the way. Stock markets abroad saw mostly modest losses, after President-elect Trump said …

How major US stock indexes fared Monday, 11/25/2024
4 weeks ago

How major US stock indexes fared Monday, 11/25/2024

Associated Press  

Stocks closed higher on Wall Street, sending the Dow Jones Industrial Average to another all-time high. Smaller companies can feel a big boost from easier borrowing costs, and the Russell 2000 index of small stocks jumped 1.5%, closing just shy of the record high it set three years ago. The Dow Jones Industrial Average rose 440.06 points, or 1%, to …

How major US stock indexes fared Friday, 11/22/2024
1 month ago

How major US stock indexes fared Friday, 11/22/2024

Associated Press  

Stocks closed higher on Wall Street, giving the market its fifth gain in a row and notching another record high for the Dow Jones Industrial Average. On Friday: The S&P 500 rose 20.63 points, or 0.3%, to 5,969.34. The Dow Jones Industrial Average rose 426.16 points, or 1%, to 44,296.51. The Russell 2000 index of smaller companies rose 42.65 points, …

Stock market today: Wall Street rises with Nvidia as bitcoin bursts above $99,000
1 month ago

Stock market today: Wall Street rises with Nvidia as bitcoin bursts above $99,000

Associated Press  

NEW YORK — U.S. stocks climbed Thursday after market superstar Nvidia and another round of companies said they’re making even fatter profits than expected. But its stock recovered in premarket trading Thursday, and Wedbush analyst Dan Ives said it was another “flawless” profit report provided by Nvidia and CEO Jensen Huang, whom Ives calls “the Godfather of AI.” The stock …

How major US stock indexes fared Thursday, 11/14/2024
1 month, 1 week ago

How major US stock indexes fared Thursday, 11/14/2024

Associated Press  

U.S. stocks slipped as the market’s big burst following Donald Trump’s election continued to cool. The Dow Jones Industrial Average dropped 0.5%, and the Nasdaq composite sank 0.6%. Short-term Treasury yields swung following the latest economic reports before rising after Chair Jerome Powell said the Federal Reserve is not in a hurry to cut interest rates. The Dow Jones Industrial …

How major US stock indexes fared Wednesday, 11/13/2024
1 month, 1 week ago

How major US stock indexes fared Wednesday, 11/13/2024

Associated Press  

U.S. stocks drifted to a mixed finish after the latest inflation update boosted hopes that more help for the economy will arrive next month from another cut to interest rates. The Dow Jones Industrial Average edged up 0.1%, and the Nasdaq composite slipped 0.3%. That strengthened expectations that the Federal Reserve will cut interest rates for a third time this …

How major US stock indexes fared Tuesday, 11/12/2024
1 month, 1 week ago

How major US stock indexes fared Tuesday, 11/12/2024

Associated Press  

U.S. stocks edged lower as momentum came out of the torrid “Trump trade” that swept Wall Street following Donald Trump’s presidential victory. The Dow Jones Industrial Average fell 0.9%, and the Nasdaq composite slipped 0.1%. On Tuesday: The S&P 500 fell 17.36 points, or 0.3%, to 5,983.99. The Dow Jones Industrial Average fell 382.15 points, or 0.9%, to 43,910.98.

How major US stock indexes fared Monday, 11/11/2024
Trending News
1 month, 1 week ago

How major US stock indexes fared Monday, 11/11/2024

Associated Press  

Most U.S. stocks rose on Wall Street, but drops for Nvidia and some other heavyweight Big Tech companies kept indexes in check. The S&P 500 added 0.1% Monday, coming off last week’s spurt spurred by Donald Trump’s presidential victory and the Federal Reserve’s cut to interest rates. The Dow Jones Industrial Average jumped 0.7%, and the Nasdaq composite edged up …

Dow Jones Industrial Average notches record high close
1 month, 1 week ago

Dow Jones Industrial Average notches record high close

Live Mint  

* Tesla surges beyond $1 trillion market value * Crypto stocks gain as bitcoin rallies By Lisa Pauline Mattackal and Noel Randewich Nov 11 - The Dow Jones Industrial Average notched a record high close on Monday, lifted by bank stocks that benefited from optimism about Republican President-elect Donald Trump's expected fiscal policies. "It's been a wild four days since …

How major US stock indexes fared Friday, 11/8/2024
1 month, 2 weeks ago

How major US stock indexes fared Friday, 11/8/2024

Associated Press  

U.S. stocks coasted to the close of their best week in a year. The Dow Jones Industrial Average added 0.6%, and the Nasdaq composite rose 0.1%. The relatively quiet trading followed big gains for indexes earlier in the week after Donald Trump won the presidential election and the Federal Reserve cut interest rates again to make things easier for the …

How major US stock indexes fared Thursday, 11/7/2024
1 month, 2 weeks ago

How major US stock indexes fared Thursday, 11/7/2024

Associated Press  

Most U.S. stocks rose as the Federal Reserve cut interest rates again to make things easier for the economy. The Dow Jones Industrial Average was barely changed, and the Nasdaq composite gained 1.5%. Federal Reserve Chair Jerome Powell said it’s too early to know how Donald Trump’s presidential victory will shift the Fed’s rate policies. The Dow Jones Industrial Average …

Trump tax cuts come at the right time for stocks. Further ahead, it gets murky.
1 month, 2 weeks ago

Trump tax cuts come at the right time for stocks. Further ahead, it gets murky.

Live Mint  

For stock markets, the short-term and long-term outcomes of the “Trump trade" won’t necessarily be the same. The S&P 500 rose 2.5% to a record close Wednesday, buoyed by Trump’s stated intentions to, among other tax cuts, take the corporate-tax rate from 21% to 15% for companies that manufacture in the U.S. View Full Image Graphic: WSJ Much might depend …

How major US stock indexes fared Wednesday, 11/6/2024
1 month, 2 weeks ago

How major US stock indexes fared Wednesday, 11/6/2024

Associated Press  

U.S. stocks stormed to records as investors bet on what Donald Trump’s return to the White House will mean for the economy and the world. The Dow Jones Industrial Average surged 1,500 points, and the Nasdaq composite gained 3%. Bitcoin also jumped to a record, while Treasury yields ran higher amid worries about bigger U.S. government borrowing and higher inflation. …

Stocks Soar on Election Day, as Economy Remains Strong
1 month, 2 weeks ago

Stocks Soar on Election Day, as Economy Remains Strong

Associated Press  

US stocks enjoyed a strong rally on Tuesday, with the S&P 500, Dow Jones Industrial Average, and Nasdaq composite all gaining positive gains. Excitement surrounding the artificial-intelligence boom helped lift Wall Street, with Palantir Technologies reporting a strong profit report that boosted the S&P 500. Additionally, U.S. services businesses showed growth acceleration, supporting the Dow's positive performance. The Russell 2000 …

US Stock Market Soars on Election Day as Voters Head to Polls
1 month, 2 weeks ago

US Stock Market Soars on Election Day as Voters Head to Polls

Hindustan Times  

US stock market is ticking higher on Election Day as voters head to polls. The S&P 500 is up 0.4%, the Dow Jones Industrial Average is up 0.2%, and the Nasdaq composite is up 0.6%. The election is the main event, even if the result may not be known for days, weeks or months as officials count all the votes.

Tech Stocks Soar, But Wall Street Remains Mixed
1 month, 3 weeks ago

Tech Stocks Soar, But Wall Street Remains Mixed

Associated Press  

Major US stock indexes perform mixed performances on Tuesday, with the Nasdaq composite setting a record high. While the majority of stocks in the S&P 500 fell, gains for major tech companies like Microsoft, Meta Platforms, and others helped lift the index. Conversely, homebuilders and Ford Motor experienced significant losses.

Earnings Outlook: S&P 500 Set for Record Milestone as Election Looms
2 months ago

Earnings Outlook: S&P 500 Set for Record Milestone as Election Looms

Live Mint  

The S&P 500 Index is expected to reach 6,000 by year-end, with the majority of respondents expecting the tech giants to take the lead in the earnings season. Despite the upcoming US presidential election, the strength of earnings is seen as more crucial for the stock market's performance than the outcome of the election itself.

Wall Street pulls back from its records
2 months ago

Wall Street pulls back from its records

LA Times  

People pass the New York Stock Exchange in New York’s Financial District on Oct. 16, 2024. U.S. stocks edged back from their all-time highs Monday as some of the steam came out of Wall Street’s long, record-breaking rally. Crude oil prices rose to regain some of last week’s sharp losses, while U.S. Treasury yields climbed and stock indexes mostly fell …

How major US stock indexes fared Wednesday, 9/18/2024
3 months ago

How major US stock indexes fared Wednesday, 9/18/2024

Associated Press  

Wall Street wavered near its records after the Federal Reserve kicked off its efforts to prevent a recession with a bigger-than-usual cut to interest rates. The Dow Jones Industrial Average fell 0.2%, and the Nasdaq composite gave back 0.3%. On Wednesday: The S&P 500 fell 16.32 points, or 0.3%, to 5,618.26. The Dow Jones Industrial Average fell 103.08 points, or …

How major US stock indexes fared Tuesday, 9/17/2024
3 months ago

How major US stock indexes fared Tuesday, 9/17/2024

Associated Press  

U.S. stocks drifted to a mixed close near their all-time highs ahead of a highly anticipated meeting of the Federal Reserve. The Dow Jones Industrial Average slipped less than 0.1%, pulling slightly below the record high it set a day earlier. On Tuesday: The S&P 500 rose 1.49 points, or less than 0.1%, to 5,634.58. The Dow Jones Industrial Average …

How major US stock indexes fared Friday, 9/13/2024
3 months, 1 week ago

How major US stock indexes fared Friday, 9/13/2024

Associated Press  

U.S. stocks rose closer to their records and closed out their best week of the year as hopes built for a big rate cut next week. The S&P 500 rose 0.5% Friday to climb within 0.7% of its all-time high reached in July. The Dow Jones Industrial Average rose 297.01 points, or 0.7%, to 41,393.78. The Russell 2000 index of …

How major US stock indexes fared Friday, 8/23/2024
4 months ago

How major US stock indexes fared Friday, 8/23/2024

Associated Press  

U.S. stocks rallied closer to their records after the head of the Federal Reserve finally said out loud what Wall Street has been expecting for a while: Cuts to interest rates are coming soon to help the economy. The S&P 500 rose 1.1% Friday after Fed Chair Jerome Powell said the time has come to lower its main interest rate …

How major US stock indexes fared Wednesday, 8/21/2024
4 months ago

How major US stock indexes fared Wednesday, 8/21/2024

Associated Press  

U.S. stocks closed higher after more big companies delivered profit reports that topped analysts’ expectations. The Dow Jones Industrial Average added 0.1%, and the Nasdaq composite rose 0.6%. On Wednesday: The S&P 500 rose 23.73 points, or 0.4%, to 5,620.85. The Dow Jones Industrial Average rose 55.52 points, or 0.1%, to 40,890.49. The Russell 2000 index of smaller companies rose …

Stock market today: Wall Street pulls closer to records after retailers top profit forecasts
4 months ago

Stock market today: Wall Street pulls closer to records after retailers top profit forecasts

Associated Press  

NEW YORK — U.S. stocks ticked higher Wednesday after more big companies delivered profit reports that topped analysts’ expectations. The hope is he’ll offer clues about how deeply and quickly the Fed will begin cutting interest rates next month after it jacked them to a two-decade high to beat inflation. Most Federal Reserve officials agreed last month that they would …

How major US stock indexes fared Tuesday, 8/20/2024
4 months ago

How major US stock indexes fared Tuesday, 8/20/2024

Associated Press  

U.S. stocks ticked lower and snapped an eight-day winning streak, the longest of the year. The S&P 500 fell 0.2% Tuesday, but it’s still just 1.2% below its all-time high set last month. The Dow Jones Industrial Average slipped 0.2%, and the Nasdaq composite fell 0.3%. The Dow Jones Industrial Average fell 61.56 points, or 0.2%, to 40,834.97. The Russell …

How major US stock indexes fared Friday, 8/16/2024
4 months, 1 week ago

How major US stock indexes fared Friday, 8/16/2024

Associated Press  

U.S. stocks drifted higher as Wall Street coasted to the close of its best week since November. The Dow Jones Industrial Average rose 0.2%, and the Nasdaq composite gained 0.2%. On Friday: The S&P 500 rose 11.03 points, or 0.2%, to 5,554.25. The Dow Jones Industrial Average rose 96.70 points, or 0.2%, to 40,659.76. The Russell 2000 index of smaller …

How major US stock indexes fared Tuesday, 8/13/2024
4 months, 1 week ago

How major US stock indexes fared Tuesday, 8/13/2024

Associated Press  

U.S. stocks rose to one of their best days of the year as Wall Street relaxed after the first of several highly anticipated reports on the economy this week came in better than expected. The S&P 500 rallied 1.7% Tuesday after the government reported inflation at the wholesale level slowed last month by more than anticipated. The Dow Jones Industrial …

How major US stock indexes fared Friday, 8/9/2024
4 months, 2 weeks ago

How major US stock indexes fared Friday, 8/9/2024

Associated Press  

Stocks are closing a wild, whipsaw week for Wall Street with modest gains. The S&P 500 rose 0.5% Friday, coming off its best day since 2022, trimming its loss for the week down to less than 0.1%. The Dow Jones Industrial Average rose 0.1%, and the Nasdaq composite added 0.5%. On Friday: The S&P 500 rose 24.85 points, or 0.5%, …

How major US stock indexes fared Thursday, 8/8/2024
4 months, 2 weeks ago

How major US stock indexes fared Thursday, 8/8/2024

Associated Press  

U.S. stocks rallied to their best day since 2022 Thursday following an encouraging update on the job market. The Dow Jones Industrial Average added 1.8%, and the Nasdaq composite gained 2.9%. Treasury yields also climbed in the bond market, a signal that investors are feeling less worried about the economy, after a report showed fewer workers applied for unemployment benefits …

S&P 500 Falls 3% in Biggest One-Day Drop Since September 2022
4 months, 2 weeks ago

S&P 500 Falls 3% in Biggest One-Day Drop Since September 2022

Bloomberg  

Now that the dust has settled on Monday’s selloff, let’s take stock of what’s become the worst three-day slide since June 2022. Here are five Key Takeaways from Monday’s markets: The benchmark S&P 500 and the tech-heavy Nasdaq 100 each dropped 3% on Monday while the Russell 2000 dropped 3.3%. Losses across big tech were the primary drivers, with slides …

How major US stock indexes fared Thursday, 8/1/2024
4 months, 3 weeks ago

How major US stock indexes fared Thursday, 8/1/2024

Associated Press  

U.S. stocks tumbled after weak data raised worries the Federal Reserve may have missed its window to cut interest rates before undercutting the economy’s growth. The S&P 500 sank 1.4% Thursday after a report showed U.S. manufacturing activity is still shrinking. The Dow Jones Industrial Average fell 1.2%, and the Nasdaq composite dropped 2.3%. The Dow Jones Industrial Average fell …

How major US stock indexes fared Tuesday, 7/30/2024
4 months, 3 weeks ago

How major US stock indexes fared Tuesday, 7/30/2024

Associated Press  

More drops for Big Tech stocks kept U.S. stock indexes in check Tuesday. The Dow Jones Industrial Average rose 203 points, and the Nasdaq composite fell 1.3%. The Dow Jones Industrial Average rose 203.40 points, or 0.5%, to 40,743.33. The Russell 2000 index of smaller companies rose 7.81 points, or 0.3%, to 2,243.14.

How major US stock indexes fared Monday, 7/29/2024
4 months, 3 weeks ago

How major US stock indexes fared Monday, 7/29/2024

Associated Press  

U.S. stock indexes drifted to a mixed close ahead of a week full of earnings reports from Wall Street’s most influential companies and a Federal Reserve meeting on interest rates. The S&P 500 rose 0.1% Monday, coming off its first back-to-back weekly losses since April. The Dow Jones Industrial Average slipped 0.1%, and the Nasdaq composite rose 0.1%. The Dow …

How major US stock indexes fared Thursday, 7/18/2024
5 months ago

How major US stock indexes fared Thursday, 7/18/2024

Associated Press  

A widespread washout across Wall Street dragged U.S. stocks lower. The Dow Jones Industrial Average sank 1.3% from its own record set a day before, while the Nasdaq composite was 0.7% lower. On Thursday: The S&P 500 fell 43.68 points, or 0.8%, to 5,544.59. The Dow Jones Industrial Average fell 533.06 points, or 1.3% to 40,665.02. The Russell 2000 index …

How major US stock indexes fared Tuesday, 7/16/2024
5 months, 1 week ago

How major US stock indexes fared Tuesday, 7/16/2024

Associated Press  

U.S. stocks rose to records after several big companies delivered better-than-expected profits for the spring. The Dow Jones Industrial Average leaped 1.8% a day after setting its own record, and the Nasdaq composite added 0.2%. UnitedHealth Group drove the market after reporting stronger results than expected, while smaller stocks jumped amid a widespread rally that broadened beyond the Big Tech …

How major US stock indexes fared Friday, 6/28/2024
5 months, 3 weeks ago

How major US stock indexes fared Friday, 6/28/2024

Associated Press  

Stocks drifted lower on Wall Street, erasing the S&P 500’s gains for the week. Nike dropped 20% after the shoe and athletic wear company missed Wall Street’s revenue targets and cut its full-year sales guidance. On Friday: The S&P 500 fell 22.39 points, or 0.4%, to 5,460.48. The Dow Jones Industrial Average fell 45.20 points, or 0.1%, to 39,118.86. The …

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