Stock market today: Dow slides, Nasdaq closes at record to cap winning week
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US stocks closed mixed on Friday with the the tech-heavy Nasdaq Composite logging a fresh record high with the prospect of a reversal from interest rate hikes buoying investors' spirits.
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US stocks surged on Friday, as upbeat earnings from Apple lifted spirits and a weaker-than-expected jobs report revived bets that the Federal Reserve could cut interest rates sooner than thought.
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Published 05/03/24
Published 05/03/24
US stocks strode higher Thursday in a calm after the Fed day storm, as investors set aside rate worries for now to focus on Apple earnings and the coming monthly jobs report.
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Published 05/02/24
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