Dow and S&P 500 reach all-time highs, driven by positive economic data and earnings reports

From Google: 2024-10-11 19:32:00

The Dow and S&P 500 have reached all-time highs as investors remain optimistic about economic recovery. The Dow rose 0.9% to close at 34,703. The S&P 500 gained 0.8% to end at 4,339. Tech stocks also saw gains, with the Nasdaq rising 0.8% to close at 14,585. The positive momentum was driven by strong retail sales data and corporate earnings reports exceeding expectations. Analysts predict continued market growth as the economy bounces back from the pandemic. Investors are closely monitoring inflation and interest rate trends for potential impacts on future market performance.



Read more at Google: Stock Market News: Dow, S&P 500 Set Record Highs – Barron’s