These two cruise stocks and this chipmaker led the market higher this week

  • 📰 CNBC
  • ⏱ Reading Time:
  • 27 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 72%

Singapore News News

Singapore Singapore Latest News,Singapore Singapore Headlines

CNBC Pro screened for the best performers in the S&P 500 this week.

Wall Street is rolling into the long weekend with some positive momentum thanks to a group of stocks that caught fire this week. Stocks are poised to finish the busy week , which is filled with consumer price index and producer price index readings as well as the closely watched Federal Reserve policy announcement, higher. The S & P 500 and Nasdaq Composite are on pace to post their best respective weeks since March. U.S. markets will be closed Monday due to the Juneteenth holiday.

Pro screened for the top performers in the S & P 500 week to date, with data from FactSet compiled shortly after Friday's opening bell. See which stocks performed the best. Cruise stocks Carnival and Norwegian were, respectively, on pace to be the best and third-best performing stocks. Both rallied this week following upgrades to Carnival shares from JPMorgan Chase and Bank of America. Both hit levels not seen since May 2022 in Friday's session.

's Fred Imbert contributed to this report.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in SG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Singapore Singapore Latest News, Singapore Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Stock Market Today: S&P 500 turns lower as Fed leaves rates unchangedDow's off nearly 300 points as Fed points to more rate hikes later this year
Source: MarketWatch - 🏆 3. / 97 Read more »

Stocks end sharply higher, S&P 500 scores longest win streak since 2021U.S. stocks booked big gains on Thursday, a day after the Federal Reserve skipped a June rate hike, but indicated more increases could be on the table this year. The Dow Jones Industrial Average jumped about 430 points, or 1.3%, ending near 34,409:
Source: MarketWatch - 🏆 3. / 97 Read more »