Stocks ended mostly higher on Wall Street, closing out the market’s latest winning month. The S&P 500 shook off a midday slump and ended 0.8% higher Friday. Drops for Nvidia and other technology stocks held back the Nasdaq composite, leaving that index just barely in the red. The Dow Jones Industrial Average climbed 1.5%. Treasury yields eased in the bond market after a key measure of inflation remained steady last month. That could help bolster the Federal Reserve’s confidence that inflation is sustainably heading down toward its target, something the central bank says it needs before cutting its benchmark interest rate. On Friday: The S&P 500 rose 42.03 points, or 0.8%, to 5,277.51. The Dow Jones Industrial Average rose 574.84 points, or 1.5%, to 38,686.32. The Nasdaq composite fell 2.06 points, or less than 0.1%, to 16,735.02. The Russell 2000 index of smaller companies rose 13.53 points, or 0.7%, to 2,070.13. |
Chris Packham joins ecoUS smears, blames China, and shirks its own responsibility on fentanyl issue: Chinese FMCommentary: Message of peace for crossPresident's trip paves way for more outcomesA more inclusive path beneficial for multipolar world1 killed, multiple injured as storms hit U.S. SouthU.S. Inflation Reduction Act disrupts global industrial, supply chainsLecherous family doctor, 47, who 'desecrated' a terminallyBRI promotes modernization, mutual benefitBreaking through barriers