Major stock indexes posted record finishes Friday, ending a positive week for equities on a high note. The Dow Jones Industrial Average rose around 244...
Major stock indexes posted record finishes Friday, ending a positive week for equities on a high note. The Dow Jones Industrial Average DJIA, +0.90% rose around 244 points, or 0.9%, to end near 27,332, according to preliminary figures, while the S&P 500 SPX, +0.46% ended above the 3,000 level for the first time, rising nearly 14 points, or 0.
5%, to end near 3,014. The Nasdaq Composite COMP, +0.59% advanced around 48 points to end near 8,244, a gain of 0.6%. Stocks were boosted this week after Federal Reserve Chairman Jerome Powell, in two days of testimony before House and Senate lawmakers, did nothing to dissuade investors from expectations that policy makers will move at the end of the month to cut interest rates.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Dow finishes above 27,000 for first time as blue-chip index, S&P 500 post record closeStocks ended mostly higher Thursday, with the Dow Jones Industrial Average and the S&P 500 each posting a record close after Federal Reserve Chairman...
Read more »
S&P 500 tops 3,000 less than five years after 2,000The S&P 500, the benchmark index that investors tend to rely on as a proxy for t...
Read more »
Use of HIV prevention pill, PrEP, rises 500%, report saysUse of a daily pill to prevent HIV infection spiked almost 500% over three years, according to new research released today by the US Centers for Disease Control and Prevention. Over a third of those at risk of HIV infection are now protected with the medication, which is more than 90% effective, according to the CDC.
Read more »
Dow, S&P 500 look to set new records after Powell boosts expectations for Fed rate cutStocks rise Thursday, attempting to build on gains scored a day earlier after Federal Reserve Chairman Jerome Powell reinforced expectations for a rate cut...
Read more »
The S&P 500 just hit a record high — so did these stocksThese 54 components of the S&P 500 rose to record levels too.
Read more »
Fiat bets on electric '500' as it moves on from RenaultFiat Chrysler plans to invest 700 million euros ($788 million) in an electric ma...
Read more »