Stocks regathered momentum Friday afternoon, building on a record-setting rally and following a blowout month that ended with optimism coming off an an influential inflation reading. The S&P 500 gained 0.8%, coming off a record close and best February in almost a decade. The benchmark index notched another record intraday high. The Dow Jones Industrial Average rose 0.3% or about 115 points, while the tech-heavy Nasdaq 100 rose 1.2%.
But further scrutiny has highlighted signs of "sticky" inflation that will be harder to shift. Among big movers, shares in New York Community Bancorp tumbled 23% after the exit of its CEO, a $2.7 billion quarterly loss, and findings of "material weaknesses" in the bank's loan processes. Meanwhile, Dell shares rose 28% in the wake of a quarterly sales and profit beat fueled by AI prospects for its servers.
Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:
Sverige Senaste nytt, Sverige Rubriker
Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.
Stock market today: US stocks close lower as early rate cut hopes fadeHopes now rest on a jam-packed week of corporate earnings to keep the rally alive.
Källa: YahooFinanceCA - 🏆 47. / 63 Läs mer »
Stock market today: Stocks little changed following record-setting weekStocks are stacking up gains again after Nvidia results sparked a global rally that has the chipmaker eyeing a $2 trillion valuation.
Källa: YahooFinanceCA - 🏆 47. / 63 Läs mer »
Stock market today: US stocks mixed as Wall Street watches and waitsStocks have lost momentum as investors regroup after the tumultuous run-up last week and as focus sharpens on the health of the US economy.
Källa: YahooFinanceCA - 🏆 47. / 63 Läs mer »
Stock market today: Stocks waver after Fed's preferred inflation gauge meets expectationsInvestors are on edge for the PCE reading, seen as key to assessing how quickly the Fed will start cutting rates.
Källa: YahooFinanceCA - 🏆 47. / 63 Läs mer »
Stock market today: S&P, Dow hit record highs as Nvidia ignites global rallyStocks powered higher as investors celebrated Nvidia's blowout results, which beat sky-high expectations and revived the AI frenzy.
Källa: YahooFinanceCA - 🏆 47. / 63 Läs mer »
Stock market today: US futures take time out after breakout rallyStocks are consolidating after Nvidia results sparked a global rally that has the chipmaker eyeing a $2 trillion valuation.
Källa: YahooFinanceCA - 🏆 47. / 63 Läs mer »