Dow jumps 400 points, S&P 500 rises for fourth straight week as investors warm to cooler inflation

Summary by Ground News

U.S. stocks finished sharply higher on Friday, clinching their longest streak of weekly gains since November. Both the S&P 500 and Nasdaq were higher for a fourth consecutive week. Both also recorded their largest streak of gains during a four-week period since April 2020.

2 months ago·New York, United States

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Times of India

US stocks head for weekly gains amid easing inflation concerns

About 25 minutes into Friday's session, the Dow Jones Industrial Average was up 0.5 percent at 33,486.95. The broad-based S&P 500 advanced 0.6 percent to 4,230.51, while the tech-rich Nasdaq Composite Index jumped 0.7 percent to 12,862.92.

2 months ago·Mumbai, India

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Reuters

S&P 500, Nasdaq close up 4th straight week as optimism grows

Wall Street's main indexes rose, setting the S&P 500 and the Nasdaq for a fourth straight week of gains.

2 months ago·United Kingdom

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IBTimes

Wall St Set For Weekly Gains On Signs Of Cooling Inflation

Wall Street's main indexes rose on Friday, setting the S&P 500 and the Nasdaq for a fourth straight week of gains on easing bets of another super-sized interest rate hike on evidence of cooling inflation.

2 months ago·United States

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CNBC

Dow jumps 400 points, S&P 500 rises for fourth straight week as investors warm to cooler inflation

The positive news has bolstered investor confidence, leading some to believe that the recent gains are more than a typical bear market rally.

2 months ago·United States

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Financial Post

Softer copper still set for weekly gain on peak-inflation bets

LONDON -- Copper fell on Friday as the dollar strengthened and data showed a decline in Chinese bank lending, but prices were still set to end the week up 3% as bets that U.S. inflation may have peaked powered a broad shift towards riskier assets. Read More

2 months ago·Canada

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