S&P 500, Dow hit records, boosted by bank earnings surprise
Oct 11 (Reuters) - The S&P 500 and the Dow scored record closing highs on Friday, with the biggest boosts from financial stocks after banks reported strong quarterly results while the latest inflation data supported expectations for a U.S. Federal Reserve rate cut in November.
Stock Market Today: Dow ends slightly lower, stocks eases back from record highs ahead of bank earnings
U.S. stocks were pulling back from record territory in the final hour of trade Thursday as investors looked forward to big banks kicking off earnings season in earnest. "Inflation is ebbing lower, but it's going to take some time," said Anthony Saglimbene, chief market strategist at Ameriprise Financial, in a phone interview.
Stock market today: Dow and S&P 500 notch record highs as earnings season kicks off
The Dow and S&P 500 notched new highs on Friday, with the broader index closing above 5,800 for the first time as big US banks got earnings season underway. The Dow Jones Industrial Average (^DJI) rose nearly 1% as JPMorgan Chase (JPM) shares surged.
The iShares Core U.S. Aggregate Bond ETF, which tracks the U.S. investment-grade bond market, was down 0.3%, according to ...
Dow jumps 400 points to a record on Friday, S&P 500 closes above 5,800 for the first time The S&P 500 and Dow Jones ...
Stock futures are slightly lower Friday as investors digest a flurry of earnings reports from financial institutions and ...
The Dow Jones Industrial Average is showing “impressive and persistent momentum on daily, weekly, monthly, and yearly time ...
U.S. stocks declined Thursday after a hotter-than-expected inflation report sparked questions about the Fed’s next move.
The Dow surged more than 400 points on Wednesday to a record a close as investors digested Federal Reserve meeting minutes ...
The S&P 500 ( ^GSPC) has risen about 0.5% pacing for a fresh record close. Financials ( XLF) are up more than 0.8% to lead ...
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