The bulls got what they wanted this week: cooler inflation data and record highs. The Dow Jones Industrial Average on Friday closed above 40,000 for the first time, capping off a 1.24% advance for the week. The S & P 500 and Nasdaq Composite , meanwhile, closed at all-time highs Wednesday, fueled by cooler-than-expected inflation data released before the bell that day.
Traders work on the floor at the New York Stock Exchange in New York City, U.S., May 15, 2024.The bulls got what they wanted this week: cooler inflation data and record highs.
South Africa South Africa Latest News, South Africa South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Dow Jones, Nasdaq, S&P 500 weekly preview: Focus on Disney, Arm earnings reportsDow Jones, Nasdaq, S&P 500 weekly preview: Focus on Disney, Arm earnings reports
Read more »
Dow Jones, Nasdaq, S&P 500 weekly preview: Focus on Disney, Arm earnings reportsDow Jones, Nasdaq, S&P 500 weekly preview: Focus on Disney, Arm earnings reports
Read more »