Stocks ended the day in the green on Friday after a rally on Thursday saw the benchmark S&P 500 and tech-heavy Nasdaq Composite erase losses suffered during this month's sell-off. These gains helped secure the best week of the year for all of the major indexes and the best week for stocks since November. After rallying more than 2% on Thursday, the Nasdaq closed up about 0.2% on Friday. The S&P 500 and Dow Jones Industrial Average also each secured gains of about 0.2%.
Thursday's gains were catalyzed by two key readings on the US consumer — monthly retail sales and Walmart's latest earnings report — which showed any recessionary fears triggered by the sharp drop in stocks at the beginning of the month are likely misplaced. "We've seen consistency with the consumer," Walmart's CFO told Yahoo Finance. "If you look at each month of the second quarter, they were all fairly consistent.
Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:
España Últimas Noticias, España Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Stock market today: Stock futures little changed after markets claw back August lossesStock futures were little changed ahead of Friday's opening bell with US stocks on pace for their best week of the year.
Fuente: YahooFinanceCA - 🏆 47. / 63 Leer más »
Stock market today: Stock futures jump higher after positive signal on jobs, unemploymentWall Street saw a comeback attempt falter on Wednesday, as stocks faded into the close and ended up with sizable declines
Fuente: YahooFinanceCA - 🏆 47. / 63 Leer más »
Stock market today: Stock futures steady in wait for fresh jobs, unemployment dataWall Street saw a comeback attempt falter on Wednesday, as stocks faded into the close and ended up with sizable declines
Fuente: YahooFinanceCA - 🏆 47. / 63 Leer más »
Stock market news today: US stock futures rise as markets look to continue reboundStock futures were pointing to gains on Wednesday as investors looked to build on Tuesday's trading session that snapped a 3-day losing streak.
Fuente: YahooFinanceCA - 🏆 47. / 63 Leer más »
Stock market news today: Dow leads stock comeback from steep sell-offEarnings misses have put the spotlight on the health of the economy after a Big Tech-led sell-off.
Fuente: YahooFinanceCA - 🏆 47. / 63 Leer más »
Stock market today: Stocks turn green, on track for best week of the yearStocks traded on both sides of the flat line on Friday after a strong week of gains had US stocks on pace for their best week of the year.
Fuente: YahooFinanceCA - 🏆 47. / 63 Leer más »