How major US stock indexes fared Friday, 5/24/2024
U.S. stocks rose in a bounce back from Wall Street’s worst day since April
U.S. stocks rose in a bounce back from Wall Street’s worst day since April.
The S&P 500 gained 0.7% to win back all its losses from earlier in the week. It eked out a fifth straight winning week and is just shy of its record set on Tuesday. The Dow Jones Industrial Average rose by less than 0.1%, and the Nasdaq composite gained 1.1% to top its all-time high set earlier this week.
Nvidia climbed again following its blowout profit report earlier this week to help push the market higher. Treasury yields were stable after a better-than-expected report on consumer sentiment.
On Friday:
The S&P 500 rose 36.88 points, or 0.7%, to 5,304.72.
The Dow Jones Industrial Average rose 4.33 points, or less than 0.1%, to 39,069.59.
The Nasdaq composite rose 184.76 points, or 1.1%, to 16,920.79.
The Russell 2000 index of smaller companies rose 21.26 points, or 1%, to 2,069.67.
For the week:
The S&P 500 is up 1.45 points, or less than 0.1%.
The Dow is down 934 points, or 2.3%.
The Nasdaq is up 234.83 points, or 1.4%.
The Russell 2000 is down 26.05 points, or 1.2%.
For the year:
The S&P 500 is up 534.89 points, or 11.2%.
The Dow is up 1,380.05 points, or 3.7%.
The Nasdaq is up 1,909.44 points, or 12.7%.
The Russell 2000 is up 42.59 points, or 2.1%.
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