US stocks jumped Thursday, as the S&P 500 closed at a record high. Investors welcomed a slew of updates, including solid US economic data, Micron's upbeat earnings, and China's pledges of more stimulus. The Dow Jones Industrial Average rose 0.62%, while the S&P 500 added more 0.4% to close at a record high of 5,745.39. The tech-heavy Nasdaq Composite gained 0.6% amid a sharp spike in Micron's shares, which boosted other chips.
Meanwhile, China's top leaders signaled they are pulling out the stops to revive its moribund economy with new pledges to lift fiscal spending, halt the property crisis, and support the stock market. A big jump in mainland stocks set the CSI 300 on track for its best week in a decade. Up next, Friday will bring a highly anticipated reading on the Persona Consumption Expenditures index, the inflation metric preferred by the Fed.
Wij hebben dit nieuws samengevat zodat u het snel kunt lezen. Bent u geïnteresseerd in het nieuws, dan kunt u hier de volledige tekst lezen. Lees verder:
Nederland Laatste Nieuws, Nederland Headlines
Similar News:Je kunt ook nieuwsberichten lezen die vergelijkbaar zijn met deze die we uit andere nieuwsbronnen hebben verzameld.
Stock market today: S&P 500, Nasdaq gain as US GDP data, chip stocks lift moodA double dose of optimism for the AI trade and for China's stimulus push is buoying the market ahead of Jerome Powell's comments.
Bron: YahooFinanceCA - 🏆 47. / 63 Lees verder »
Stock market today: Stock rally loses steam as S&P 500, Dow slip from recordsNow that the Fed has started cutting rates, the economy has taken to the fore for investors.
Bron: YahooFinanceCA - 🏆 47. / 63 Lees verder »
Stock market today: S&P 500, Nasdaq futures rally as China stimulus, chip stocks lift moodA double dose of optimism for the AI trade and for China's stimulus push is buoying the market ahead of Jerome Powell's comments.
Bron: YahooFinanceCA - 🏆 47. / 63 Lees verder »
Stock market today: Stocks tick higher as S&P 500 eyes fresh recordInvestors are weighing the chances of another jumbo interest rate cut and China's launch of aggressive stimulus.
Bron: YahooFinanceCA - 🏆 47. / 63 Lees verder »
Stock market today: Dow hits record, S&P 500, Nasdaq rise despite fall in Nvidia sharesThe dust is settling after Nvidia's solid but disappointing earnings, as investors reassessed the prospects for techs.
Bron: YahooFinanceCA - 🏆 47. / 63 Lees verder »
Stock market today: Wall Street climbs as S&P 500 closes out fourth-straight winning monthTHIS IS A BREAKING NEWS UPDATE. AP’s earlier story follows below. Stocks on Wall Street bounced back from a midafternoon fade Friday, leaving the market on pace to close out its fourth-straight winning month with more gains. The S&P 500 was up 0.
Bron: SooToday - 🏆 8. / 85 Lees verder »