Stock market today: Alphabet and Microsoft help Wall Street clinch its best week in nearly 6 months

The best week for U.S. stocks since November closed out with more gains thanks to Alphabet and Microsoft on Friday. The S&P 500 rallied 1% to finish its first winning week in the last four. The Dow Jones Industrial Average rose 153 points, or 0.4%, and the Nasdaq composite jumped 2%. Alphabet leaped 10.2% after breezing past analysts’ expectations for profit last quarter.

“Consumers remain willing to spend, but not on anything, nor at any price,” he said. Economists also said the weaker-than-expected reading on the overall U.S. economy from Thursday, which helped send stocks sliding, may not be as bad as it seemed on the surface. “The economy remains on solid footing,” Bank of America economists said in a report, pointing to solid buying trends from U.S. customers. Such an interpretation calms worries that the U.S.

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

Stocks making the biggest moves midday: Microsoft, Alphabet, Exxon Mobil, Snap and moreThese are the stocks posting the largest moves in midday trading.
Källa: CNBC - 🏆 12. / 72 Läs mer »

Stocks making the biggest moves premarket: Alphabet, Microsoft, Intel, Snap and moreThese are the stocks posting the largest moves in early trading.
Källa: CNBC - 🏆 12. / 72 Läs mer »

Alphabet, Microsoft earnings; PCE data ahead - what's moving marketsAlphabet, Microsoft earnings; PCE data ahead - what's moving markets
Källa: Investingcom - 🏆 450. / 53 Läs mer »