News Formal

Stock market today: Stocks cap another winning month, S&P 500 logs best May since 2020

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 21 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 63%

Nasdaq Composite Notícia

The Dow

Investors waited for the release of the Fed's preferred inflation data, seen as a potential turning point for a market gripped by rate-cut jitters.

US stocks wrapped the last trading day of the month on a high note, notching the sixth positive month in the last seven for all three major indexes. The blue-chip Dow Jones Industrial Average rose 1.5%, shaking off two days of sharp losses. The S&P 500 rose 0.8%, while the tech-heavy Nasdaq Composite overcame earlier losses and finished just below the flatline. The major indexes all broke records for the month. The S&P achieved its best May since 2020.

Investors also reacted to an update to the Personal Consumption Expenditures price index, which was seen as pivotal for stocks headed for a losing week. The "core" PCE index, which is closely watched by the Fed and strips out the cost of food and energy, rose 0.2% in April, slowing from the 0.3% increase seen in March. Still, the index showed that price increases remained sticky last month.

 

Obrigado pelo seu comentário. Seu comentário será publicado após ser revisado.
Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

 /  🏆 47. in BR

Brasil Últimas Notícias, Brasil Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

Stock market today: Stocks climb as S&P 500 notches best 3-day run of 2024Stocks rallied at the end of last week, getting a boost from a 'Goldilocks' jobs report.
Fonte: YahooFinanceCA - 🏆 47. / 63 Consulte Mais informação »

Stock market today: S&P 500 breaches 5,300 as stocks rally to records after CPIStocks edged higher on Wednesday as investors digested fresh readings on inflation and consumer spending.
Fonte: YahooFinanceCA - 🏆 47. / 63 Consulte Mais informação »

Stock market today: Nasdaq, S&P 500 futures pop as Nvidia galvanizes stocksNvidia's blockbuster earnings have fired up optimism for AI's ability to fuel growth, eclipsing rate-hike worries for now.
Fonte: YahooFinanceCA - 🏆 47. / 63 Consulte Mais informação »

Stock market today: Nasdaq, S&P 500 hit new record as Nvidia galvanizes stocksNvidia's blockbuster earnings have fired up optimism for AI's ability to fuel growth, eclipsing rate-hike worries for now.
Fonte: YahooFinanceCA - 🏆 47. / 63 Consulte Mais informação »

Stock market today: Nasdaq, S&P 500 touch new record as Nvidia galvanizes stocksNvidia's blockbuster earnings have fired up optimism for AI's ability to fuel growth, eclipsing rate-hike worries for now.
Fonte: YahooFinanceCA - 🏆 47. / 63 Consulte Mais informação »

Stock market today: Nasdaq, S&P 500 pop as Nvidia galvanizes stocksNvidia's blockbuster earnings have fired up optimism for AI's ability to fuel growth, eclipsing rate-hike worries for now.
Fonte: YahooFinanceCA - 🏆 47. / 63 Consulte Mais informação »