The S&P 500 logged its eighth consecutive weekly gain, while the Dow closed at a record 50,579.70 on Friday. U.S. markets will be closed Monday for Memorial Day. Treasury yields fell, with the 10-year at 4.558%. Investors await Thursday’s PCE inflation data amid persistent concerns over inflation and Middle East tensions. The post Wall Street’s Eighth Straight Weekly Gain Faces Inflation Data Test appeared first on TechStock².
This story is only covered by news sources that have yet to be evaluated by the independent media monitoring agencies we use to assess the quality and reliability of news outlets on our platform. Learn more here.