From FX Leaders: 2024-05-31 17:24:24

The S&P 500 and Dow Jones saw gains on Friday as stock markets reversed, with the S&P 500 up 0.74% and the Dow Jones up 0.87%. This came after a week of losses due to concerns about rising inflation. Investors were encouraged by robust economic data showing strong retail sales and lower jobless claims. Tech stocks also rebounded, with the Nasdaq up 0.88%. The positive momentum was driven by optimism about a strong economic recovery and solid corporate earnings. Despite ongoing volatility, investors remain hopeful for continued growth in the stock market.



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