How major US stock indexes fared Friday, 4/26/2024
Time:2024-05-22 10:25:03 Source:politicsViews(143)
Alphabet and Microsoft led the U.S. stock market to its first winning week in the last four and its biggest weekly gain since November.
The S&P 500 rose 1% Friday. The Dow Jones Industrial Average added 0.4%, and the Nasdaq composite gained 2%.
Google’s parent company jumped after breezing past analysts’ expectations for profit and announcing its first dividend. Microsoft climbed after also topping forecasts. They helped offset a slide for Intel after it gave a forecast for profit that fell short of analysts’ expectations. Treasury yields eased after a report on inflation for March came in close to expectations.
On Friday:
The S&P 500 rose 51.54 points, or 1%, to 5,099.96.
The Dow Jones Industrial Average rose 153.86 points, or 0.4%, to 38,239.66.
The Nasdaq composite rose 316.14 points, or 2%, to 15,927.90.
The Russell 2000 index of smaller companies rose 20.88 points, or 1.1%, to 2,002.
Previous:Proposed $2.77 billion settlement clears first step of NCAA approval with no change to finance plan
Next:UN maritime tribunal says countries are legally required to reduce greenhouse gas pollution
You may also like
- Andretti Global makes key engineering hire in bid to earn a spot in Formula 1
- Boosting Rural Revitalization in Hometown
- Rural Woman Helps Villagers Attain Wealth by Growing Vegetables
- Young Entrepreneur Develops Persimmon Businesses, Helps Rural Women Increase Incomes
- Tagovailoa misses Dolphins' OTA day to attend Saban's charity golf tournament
- Folk Song Enthusiast Keeps Daur Heritage Alive
- Top Chinese diplomat meets WPK delegation in Beijing
- Feature: Chinese Acupuncturists Earn Recognition, Respect from Algerians
- How major US stock indexes fared Monday, 5/20/2024