Stock market today: Nasdaq hits record, Dow, S&P 500 rise with inflation data set to test rate-cut trade
yahoo.com
Stock market today: Nasdaq hits record, Dow, S&P 500 rise with inflation data set to test rate-cut trade
After a weak jobs report, focus is turning to the other side of the Fed's mandate - inflation. Inflation data will highlight an otherwise tame earnings and economic calendar in the first full trading week of September. Apple (AAPL) is expected to launch new products tomorrow at its marquee annual event. Also watch out for earning this week from ...
5 months ago
Nasdaq Composite
The S&P 500 and Nasdaq Composite popped to record highs, adding to their strong 2024 performances, boosted by a lighter-than-expected U.S. consumer inflation report. The broad market index gained 1.17%, breaking above 5,300 for the first time, while the tech-heavy Nasdaq Composite rose 1.4%. The Dow Jones Industrial Average climbed 0.88%. All three major averages closed at records. cnb.cx/4bBqsbt | CNBC
0:17
The S&P 500 and Nasdaq Composite popped to record highs, adding to their strong 2024 performances, boosted by a lighter-than-expected U.S. consumer inflation report. The broad market index gained 1.17%, breaking above 5,300 for the first time, while the tech-heavy Nasdaq Composite rose 1.4%. The Dow Jones Industrial Average climbed 0.88%. All three major averages closed at records. cnb.cx/4bBqsbt | CNBC
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