Stocks Slump Broadly to End Weak Month
Description
The S&P 500's five-month winning streak ended after unwelcomed inflation measures and a drop in consumer confidence fueled widespread selling.
The S&P 500 index also posted an all-time high after Fed leader's comments suggested the central bank is finished raising rates.
Published 05/21/24
The S&P 500 index ended near an all-time high as signs of easing inflation encouraged investors ahead of Nvidia earnings.
Published 05/20/24