Nasdaq pulls off record close, Dow caps off tumultuous week

Nasdaq Composite News

Nasdaq pulls off record close, Dow caps off tumultuous week
Memorial Day WeekendJulie HymanPhoto Finish
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In a photo finish before the start of the Memorial Day Weekend, the three major averages (^DJI, ^IXIC, ^GSPC) close out Friday in the green, the Dow Jones...

, the Dow Jones Industrial Average just eking out a minute gain above its flatline while the Nasdaq Composite reaches a record high.You look at the major averages here, all of them finishing in the green.The S and P 500 up 7/10 of 1%.

Well, I think the, the big thing for me was that NVIDIA was not enough to, it was not enough to buoy the, the all market we saw the S and P 500 put in a nasty red candle.So, are there some underlying currents in the market, the market was reacting to some economic data that came in hotter than expected.

-- Canada’s banking watchdog warned that many homeowners who took out mortgages when rates were near zero during the pandemic will soon face a reckoning as those loans renew.

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