US stocks rallied on Friday as inflation showed further signs of cooling, with investors looking to close out a strong second quarter.4.
6% from a year agoAs the second quarter comes to a close, the S&P 500 is up 7%, the Nasdaq is up 11.2%, and the Dow is up 2.55%. For the year to date, the S&P is up 14.5%, the Nasdaq 30%, and the Dow 2.94%.
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Stock Market News: Regional banks rally, Rite Aid plummets, travel debacle continues in NortheastMarkets have shown renewed optimism after regional banks passed the Federal Reserve's annual stress test. Initial jobless claims cools as economy remains resilient to the Federal Reserve's interest rate hiking campaign. Electric vehicle rollout continues to put pressure on limited resources. FOX Business is providing real-time updates on the markets, commodities and all the most active stocks on the move.
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U.S. stocks open higher after PCE data shows inflation at lowest in over 2 yearsU.S. stock indexes opened higher on Friday after the Federal Reserve’s preferred inflation barometer shows price continued to ease in May. The Dow Jones Industrial Average rose 187 points, or 0.5%, to 34,305:
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Stock futures rise slightly as the market nears the end of quarter and first half: Live updatesThe stock market is nearing the end of the first half of 2023 with strong performance.
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