S&P 500 ends week at record as investors brush off inflation rise

S&P 500 notches another record high as stocks eke out gains

Stocks ended a choppy session in positive territory Friday, with the S&P 500 logging its second consecutive record close a day after a hotter-than-expected rise in the May consumer-price index. The Dow Jones Industrial Average DJIA, +0.04% rose around 15 points, or less than 0.1%, to close near 34,480, according to preliminary figures. The S&P 500 SPX, +0.

19% rose around 8 points, or 0.2%, end near 4,248, while the Nasdaq Composite COMP, +0.35% gained around 49 points, or 0.4%, to finish near 14,069. The Dow lost ground for the week, however, falling by around 0.8%, while the S&P 500's record push left it up just 0.4%. The Nasdaq Composite COMP, +0.35% booked a weekly gain of 1.9%, outpacing its peers as Treasury yields fell.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

MarketWatch /  🏆 3. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Asia-Pacific stocks set for muted open; S&P 500 sails to record close on Wall StreetThe S&P 500 rose nearly 0.5% overnight on Wall Street to a record closing high of 4,239.18.
Read more »

S&P 500 pushes further into record territory as U.S. stocks riseU.S. stocks were on track to end the week on a positive note, with the S&P 500 edging further into record territory a day after data showed inflation continues to run hot.
Read more »

U.S. to Donate 500 Million Vaccine Doses WorldwideThe Biden administration will buy and donate 500 million Pfizer COVID-19 vaccine doses in an effort to inoculate more of the global population.
Read more »

S&P 500 ekes out another record close, posts third straight winning weekU.S. stocks rose slightly on Friday with the S&P 500 adding to its new record, as Wall Street wrapped up the week on a high note.The Dow was up 0.04%. The S&P 500 rose 0.20%. The Nasdaq was up 0.35%.
Read more »

Stock Futures Waver After S&P 500 Hits RecordU.S. stock futures were little changed a day after the S&P 500 nudged up to a fresh record as investors weighed rising inflation against evidence of a healing labor market.
Read more »

S&P 500 Hits New Record High After Inflation, Jobs DataS&P 500 closes at a record high after new inflation
Read more »