• Stocks notch modest gains and a 3rd winning week for S&P 500

    11 days ago - By Stl Today

    Stocks shook off a wobbly day of trading and ended modestly higher on Wall Street, giving the S&P 500 its third weekly gain in a row. The index added 0.2% Friday, led by technology and banks. Bond yields fell this...
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  • How major US stock indexes fared Friday

    How major US stock indexes fared Friday

    11 days ago - By Chron

    Stocks shook off a wobbly day of trading and ended modestly higher on Wall Street Friday, giving the S&P 500 its third weekly gain in a row.
    Bond yields fell this week despite reports showing the economy is gaining strength as well as some signs of inflation. Investors will be closely watching next week's meeting of Federal Reserve policymakers for their assessment of how much of a threat inflation may poise as the economy emerges from its pandemic-induced recession.
    On Friday:
    The S&P 500 rose 8.26 points, or 0.2%, to 4,247.44.
    The Dow Jones Industrial Average rose 13.36 points, or less...
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  • S&P 500 notches another record high as recovery optimism overtakes inflation concerns

    S&P 500 notches another record high as recovery optimism overtakes inflation concerns

    11 days ago - By Business Insider

    Summary List Placement The S&P 500 notched another record high to end the week as investors remain optimistic the the economy is on the way up and inflationary pressures will be short lived.
    "Inflation is being pushed higher on supply chain issues and pent-up consumer spending, all of which should start to ease around the end of summer," Ed Moya, senior market analyst at foreign exchange firm Oanda, said in a note.
    For the week, the S&P 500 and the tech-heavy Nasdaq rose modestly, while the Dow Jones inched lower.
    "The next few trading sessions will likely see modest positioning ahead of...
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  • S&P 500 notches another record high as recovery optimism overtakes inflation concerns

    11 days ago - By Business Insider

    Deutsche Bank said retail investors have been key players in the stock market rally
    Johannes Eisele/Getty Images
    The S&P 500 closed at a record high Friday as investor optimism around the recovery overshadows inflation concerns.
    The benchmark index on broke both its intraday and closing records the previous day as well.
    Lumber fell for the eighth straight day to trade at $1,059.20 per thousand board feet on Friday.
    Sign up here for our daily newsletter, 10 Things Before the Opening Bell .
    The S&P 500 notched another record high to end the week as investors remain optimistic the the economy...
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  • Stocks stall, S&P 500 still on track for a 3rd weekly gain

    11 days ago - By Chron

    Stocks stalled in afternoon trading Friday, though the S&P 500 is still on pace for its third weekly gain in a row.
    A day after inching to an all-time high, the S&P 500 was up less than 0.1% as of 2:14 p.m. Eastern, after spending much of the day in the red. The Dow Jones Industrial Average fell 35 points, or 0.1%, to 34,430 and the Nasdaq Composite rose 0.2%. With the exception of the Dow, the indexes are on pace to close the week higher.
    Investors bid up shares in smaller company stocks, which pushed the Russell 2000 index 0.8% higher. The Russell is up 17.9% this year, outgaining the...
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