S&P 500, Dow, NASDAQ Hit Record Highs
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US stock futures made gains Friday morning as investors looked ahead to a crucial inflation report that could shape expectations for the Federal Reserve’s next policy moves. All eyes on Friday turn to September’s inflation data.
IBM and Advanced Micro Devices created tailwinds for the main indexes after scoring a major quantum-computing win.
Shares of Dow Inc. jumped 12.95% to $24.51 Thursday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.58% to 6,738.44 and the Dow Jones Industrial Average rising 0.
Dow hits record high as U.S. stocks soar. Investors cheered a lighter-than-expected inflation report. The Dow Jones climbed 400 points. The S&P 500 and Nasdaq also posted strong gains. Technology and semiconductor stocks led the rally.
The Dow Jones Industrial Average, the S&P 500, and the Nasdaq Composite rose as the stock market reacted to the CPI inflation report.
The Dow, S&P 500 and Nasdaq all rose this week, as investors shook off concerns about bad loans as well as trade tensions with China.
Dow, S&P, Nasdaq all in red. Stocks fell Wednesday as weak earnings from Texas Instruments (-4%) and Netflix (-9%) weighed on the major averages. Dow dropped 147 points (0.3%), S&P 500 fell 0.4%, Nasdaq slid 0.
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Also, IBD MarketSurge Growth 250 name Newmont NEM trimmed larger morning losses to roughly 4% despite the gold miner's third-quarter earnings and sales that beat views. Its profit grew 111% to $1.71 per share on sales that grew 20% to $5.524 billion.
Shares of Constellation Energy Corp. rose 6.39% to $389.19 Friday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.79% to 6,791.