US EditionS&P 500, Nasdaq touch record highs after tame inflation data
- On Friday, the S&P 500 and Nasdaq reached record highs, with a 0.5% gain capping a 3.4% weekly rise.
- Stocks rebounded sharply since April after tariff rollbacks and trade deal progress, despite Middle East tensions, supported by strong earnings and positive inflation data.
- Data from LSEG IBES shows S&P 500 earnings expected to rise 5.9%, with Nike up 15% on strong sales, led by consumer discretionary gains.
- Investors now focus on economic data and policy, as markets reach record highs amid trade optimism and Fed rate expectations.
- With July near, stocks are historically poised for average 2.9% gains, supported by trade optimism and steady Fed signals, if current data trends continue.
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S&P 500 hits record high after $10 trillion rally: Markets wrap
Wall Street traders dodged a flurry of tariff headlines to drive stocks to all-time highs, capping a week that saw a cooling in Middle East risks and signs the U.S. economy is holding up amid subdued inflation. A rally in…
·Billings, United States
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The S&P 500 and Nasdaq stock indexes in the US closed at their highest levels ever on Friday, writes MarketWire.
·Copenhagen, Denmark
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Total News Sources115
Leaning Left25Leaning Right4Center39Last UpdatedBias Distribution57% Center
Bias Distribution
- 57% of the sources are Center
57% Center
L 37%
C 57%
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