Description
It was a mixed session to end the week on Wall St on Friday with the Dow Jones rallying 0.33% to a fresh record high while the S&P500 lost 0.13% and the Nasdaq ended the day down 0.4%. Encouraging inflation data boosted investor appetite for stocks on the Dow Jones industrials index. August’s personal consumption expenditures price index, which is the Fed’s preferred measure of inflation, increased 0.1% in the month which met economists’ expectations on a monthly basis, but the index rose...
Wall St closed higher on Friday with the Dow hitting a fresh record as investors shift from the high growth tech sectors to areas of the market that are more economically sensitive. The Dow Jones rose 0.97% on Friday to a record 44,296.51 points, the S&P500 added 0.35% and the Nasdaq ended...
Published 11/24/24
Wall St closed mixed overnight as investors await AI giant Nvidia’s upcoming earnings report. The Dow Jones gained 0.32%, the S&P500 closed flat and the tech heavy Nasdaq fell 0.11%.Investors are awaiting results from Nvidia whose results could hold more significance than some key economic...
Published 11/20/24