Dow, S&P 500, NASDAQ Close At New Highs On Cool CPI Data
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Stock futures pointed higher Friday before the release of September inflation data that has been delayed because of the ongoing U.S. government shutdown.
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Dow Jones, S&P, Nasdaq, Futures, Wall Street Set for Uneven Open as Trade Tensions and Earnings Shape Sentiment
U.S. stock futures were little changed early Wednesday, signaling a cautious open as investors weighed geopolitical uncertainty against a busy slate of corporate earnings. Renewed doubts over U.S.–China trade relations added a layer of tension to the market tone following fresh remarks from President Donald Trump.
U.S. stocks hit records on Friday after an update on inflation came in a bit less painful than feared. The S&P 500 rose 0.8% and topped its prior all-time high, which was set earlier this month. The Dow Jones Industrial Average rallied 472 points,
Dow Jones futures fell 0.25%, S&P 500 dipped 0.03%, and Nasdaq futures slipped 0.01% early Thursday as US-China trade tensions spooked investors. Tesla dropped 3.04% after mixed earnings, while IBM plunged 7.
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 stocks outperformed Wall Street’s indices, which all finished in the green territory on Friday. The Nasdaq led gains, up 1.15 percent, followed by the Dow Jones, rising 1.01 percent, and the S&P 500 jumping 0.79 percent.
The U.S. stock market is drifting near its record heights on Tuesday as the floodgates open for companies reporting how much profit they made during the summer.
The Dow Jones Industrial Average closed north of 47,000 for the first time on Friday after Wall Street finally got a taste of government data. The blue-chip index rose 472 points, or 1%. The S&P 500 rose 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.
Apple led the way and rose 3.9% amid optimism about demand for its latest iPhone design. It was the strongest force lifting the S&P 500 and set its own record high.