Stocks end mixed, Nasdaq ekes out record high as tech stocks add to gains: June 24
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Stocks ended mixed on Wednesday, with investors looking for new catalysts to move higher with the pace of the economic recovery and inflationary pressures still in focus.
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US stocks bounced back on Friday as Alphabet and Microsoft earnings revived hopes for a sustained Big Tech-led rally, even as a reading on the Federal Reserve's preferred inflation gauge showed price pressures remain sticky. Learn more about your ad choices. Visit megaphone.fm/adchoices
Published 04/26/24
Published 04/26/24
Stocks fell on Thursday after a sharply lower-than-expected reading on US GDP for the first quarter ratcheted up questions about the health of the US economy in the face of persistently high interest rates. Meanwhile, Meta's revenue forecast rattled tech investors eyeing the next high-stakes...
Published 04/26/24