Stock market today: Dow nabs 8th straight winning session, S&P 500 marches back toward record high

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Investors are listening out for a parade of Fed speakers to test a growing confidence that a rate cut is on the way.

The Dow eked out its eighth straight session of gains on Friday and closed out its best week of the year as US stocks finished the day mostly in the green. The gains came despite the three major indexes losing some steam earlier in the session after consumer sentiment hit a six-month low. The Dow Jones Industrial Average , which capped off its best week since Dec. 15, jumped roughly 0.3%, or about 125 points. The benchmark S&P 500 finished the day up about 0.2%, closing above 5,220.

The index reading for the month came in at 67.4, its lowest level in six months and well below economist expectations of 76.2. The drop in sentiment comes as investors debate the future of interest rate cuts amid recent signs of a cooling labor market.

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Stock market today: Dow pops for 7th straight day as S&P 500 climbs back above 5,200Stocks have lost their bounce after a growing chorus of Federal Reserve officials made it clear that interest rates will need to stay higher for longer.
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Stock market today: Stocks rise, Dow eyes 8th straight win as rate-cut hopes aboundInvestors are listening out for a parade of Fed speakers to test a growing confidence that a rate cut is on the way.
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Stock market today: US futures rise, Dow eyes 8th straight win as rate-cut hopes aboundInvestors are listening out for a parade of Fed speakers to test a growing confidence that a rate cut is on the way.
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Stock market today: Dow eyes 8th straight win as rate-cut hopes buoy stocksInvestors are listening out for a parade of Fed speakers to test a growing confidence that a rate cut is on the way.
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Stock market today: Asian shares trade higher after Wall St rally takes S&P 500 near recordTOKYO (AP) — Stocks in Asia traded higher Friday after a rally on Wall Street that pulled the S&P 500 back within 1% of its record. Benchmarks rose in Tokyo,...
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