How major US stock indexes fared Friday, 5/31/2024
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.
Related articles
Welcome to Frankenmuth, the bizarre 'German' city that could swing the US election
Visitors to the bizarre city of Frankenmuth are greeted by a colorful sign bearing the German word f2024-06-03
Hawaii lawmakers take aim at vacation rentals after Lahaina wildfire amplifies Maui housing crisis
HONOLULU (AP) — A single mother of two, Amy Chadwick spent years scrimping and saving to buy a house2024-06-03- Britain's Got Talent will make its long-awaited return to screens on Saturday for a brand new series2024-06-03
- Rosie Huntington-Whiteley looked all partied out after she enjoyed her boozy 37th birthday celebrati2024-06-03
German police officer dies of wounds suffered in knife attack
FRANKFURT, Germany (AP) — A 29-year-old German police officer has died of injuries suffered during a2024-06-03I'm a nutritionist and here are my top tips to beat your sugar cravings for good
A nutritionist has shared a diet plan that can help beat sugar cravings and includes treats like cho2024-06-03
atest comment