US STOCKS-S&P 500 ekes out meager gains, flirts with bull market confirmation

From Nasdaq:

The S&P 500 closed slightly higher Thursday, just 0.3% from its record closing high. The Dow ended up, the Nasdaq came down All three indexes are on track for monthly, quarterly, and annual gains. Data like jobless claims and pending home sales suggest a strong but resilient economy with interest rate cuts likely.

U.S.-listed Chinese companies have seen stock gains as China’s blue-chip shares gained big, while CytoSorbents slid 33.4%. Boeing fell 0.7% after telling airlines to check 737 MAX planes for an issue. New 52-week highs for S&P 500 while the Nasdaq had 141 new highs and 37 new lows.

With declining issues slightly outnumbering advancing ones on both the NYSE and the Nasdaq, the S&P 500 posted 49 new 52-week highs and no new lows, while the Nasdaq Composite recorded 141 new highs and 37 new lows. Trading volume was at 9.46 billion shares, lower than the average of the last 20 trading days.



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