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US stocks jumped on Friday as S&P 500 and Nasdaq 100 aimed for a five-day win streak. Investors are focused on the Federal Reserve's upcoming interest rate cut announcement next week.
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.
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 ...
Stock market today: S&P 500 hits 4-day winning streak as stocks rise after latest inflation data. Kelly Cloonan. September 12, 2024 at 4:10 PM. The S&P 500 hit a four-day streak of gains on Thursday.
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 ...
S&P Dow Jones Indices updates the components of the S&P 500 periodically, typically in response to acquisitions, or to keep the index up to date as various companies grow or shrink in value. [3] Between January 1, 1963, and December 31, 2014, 1,186 index components were replaced by other components.
The S&P 500 rose 0.6% while the Dow Jones Industrial Average gained 0.4%. Friday was an abbreviated trading day, with stocks closing at 1 p.m. ET and the bond market an hour later.
Monday's close marked the S&P 500's 46th record close of the year, as investors continue to power the two-year-old bull market higher. The Dow closed above 43,000 for the first time.