Dow rallies 400 points for first close above 47,000 ever following mild inflation report
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Dow rallies 400 points for first close above 47,000 ever following mild inflation report
U.S. stocks closed at new heights on Friday as cool inflation data spurred optimism among investors that the Federal Reserve can stay on its rate-cutting path, boosting the U.S. economy and justifying higher valuations for equities.
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US stocks closed mixed with the Dow out front, as a string of solid earnings lured investors to industrials and capital goods. The S&P 500 was essentially unchanged at the closing bell https://reut.rs/42TLqk1 | Reuters
US stocks closed mixed with the Dow out front, as a string of solid earnings lured investors to industrials and capital goods. The S&P 500 was essentially unchanged at the closing bell https://reut.rs/42TLqk1 | Reuters
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