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The S&P 500 closed higher on Thursday to end a three-day losing streak. The index was fueled by a surge in Tesla's stock, which closed 22% higher after a strong earnings beat.
US stocks ended Friday mixed, with the S&P 500 rising to an all-time-high. Investor optimism rose after jobs data fueled optimism about the economy and future rate cuts.
The Nasdaq hit a new record, but the S&P 500 and the Dow ended a multi-week rally. Mega-cap tech earnings will be in the spotlight next week. Stock market today: S&P 500 ends 6-week win streak ...
The Standard and Poor's 500, or simply the S&P 500, [5] is a stock market index tracking the stock performance of 500 of the largest companies listed on stock exchanges in the United States. It is one of the most commonly followed equity indices and includes approximately 80% of the total market capitalization of U.S. public companies, with an ...
Stock market indices may be categorized by their index weight methodology, or the rules on how stocks are allocated in the index, independent of its stock coverage. For example, the S&P 500 and the S&P 500 Equal Weight each cover the same group of stocks, but the S&P 500 is weighted by market capitalization, while the S&P 500 Equal Weight places equal weight on each constituent.
Aside from the Fed, investors will pay attention to 2nd-quarter earnings results from retailers this week, including Lowe's, TJX Cos., and Target. Stock market today: S&P 500 hits 8-day win streak ...
Both the Dow and S&P 500 are less than 1% away from record highs. The S&P 500 jumped 4% this week, compared to a 6% and 2.5% gain for the Nasdaq 100 and Dow Jones, respectively.
The Dow rallied 683 points, while the S&P 500 and Nasdaq rose 2.3% and 32.8%, respectively. The S&P 500 enjoyed its best day since 2022, clawing back losses from Monday's big sell-off.