US stocks finished little changed Friday, with the S&P 500 and Nasdaq logging strong weekly performances as Apple's AI strategy and Elon Musk's pay package win at Tesla took center stage. The Dow Jones Industrial Average lost about 0.2%, while the S&P 500 tipped just below the flatline. The tech-heavy Nasdaq Composite gained 0.1% to eke out its fifth consecutive record close. The S&P 500 finished up around 1.5% this week, while the Nasdaq gained more than 3%.
Read more: How does the labor market affect inflation? But the Fed this week dialed down its projected rate cuts from three to one in 2024, keeping the market guessing and leaving stocks vulnerable to shifts in mood. Strength in technology names has driven broader gains, earning the S&P 500 and the Nasdaq multiple record closes for the week. But the Dow suffered a loss for the week, as questions persist about the breadth of this year's rally.
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: Nasdaq slips after record as investors await Nvidia earningsInvestors biding their time for Nvidia results looked to retail earnings and Fedspeak for clues to the economy.
Läs mer »
Stock market today: Nasdaq, S&P 500 turn higher ahead of huge week on Wall StreetInvestors are looking ahead to the Fed's policy decision and key inflation data later in the week as they scale back rate-cut bets.
Läs mer »
Stock market today: Nvidia inches higher as S&P 500, Nasdaq hold near recordsGrowing conviction for Fed rate cuts has buoyed megacap techs, injecting life into stocks more broadly.
Läs mer »
Stock market today: S&P 500, Nasdaq hit record highs as Nvidia leads tech rallyBets on Fed rate cuts are tentatively rising as investors weigh signs of a softer labor market and cooling economy.
Läs mer »
Stock market today: Nasdaq rises, Dow slumps in bumpy trading day as GameStop ralliesUS stocks are looking to build on their strong performance in May as hopes for rate cuts revive and the meme stock mania roars back.
Läs mer »
Stock market today: Nasdaq moves higher while GameStop rallies after 'Roaring Kitty' reemergesUS stocks are looking to build on their strong performance in May as hopes for rate cuts revive and the meme stock mania roars back.
Läs mer »