Here are the portfolio's top 5 performers in a record-setting week for stocks

  • 📰 CNBC
  • ⏱ Reading Time:
  • 10 sec. here
  • 21 min. at publisher
  • 📊 Quality Score:
  • News: 73%
  • Publisher: 72%

Earnings News

Technology,Breaking News: Technology,Breaking News: Markets

The Dow closed above the 40,000 level for the first time, while the S&P 500 and Nasdaq Composite both hit records earlier in the week.

The bulls got what they wanted this week: cooler inflation data and record highs. The Dow Jones Industrial Average on Friday closed above 40,000 for the first time, capping off a 1.24% advance for the week. The S & P 500 and Nasdaq Composite , meanwhile, closed at all-time highs Wednesday, fueled by cooler-than-expected inflation data released before the bell that day.

Traders work on the floor at the New York Stock Exchange in New York City, U.S., May 15, 2024.The bulls got what they wanted this week: cooler inflation data and record highs.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in CA

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Dow Jones, Nasdaq, S&P 500 weekly preview: Focus on Disney, Arm earnings reportsDow Jones, Nasdaq, S&P 500 weekly preview: Focus on Disney, Arm earnings reports
Source: Investingcom - 🏆 450. / 53 Read more »

Dow Jones, Nasdaq, S&P 500 weekly preview: Focus on Disney, Arm earnings reportsDow Jones, Nasdaq, S&P 500 weekly preview: Focus on Disney, Arm earnings reports
Source: Investingcom - 🏆 450. / 53 Read more »