S&P 500 Grinds Toward All-Time High. The Market Cleared This Week’s Inflation Hurdles.
From Dow Jones & Company.: 2025-06-12 13:28:00
In Thursday’s afternoon trading, the stock market continued its upward trend as the S&P 500 approached its record high from February 19. The market benchmark was up 0.3%, just 1.7% below its highest close on record. The Nasdaq Composite also rose 0.3%, while the Dow increased by 0.2%.
The Dow’s performance was hindered by Boeing, which contributed to a 5% decline and subtracted more than 56 points from the index. However, gains from UnitedHealth and Microsoft helped offset this decline, maintaining the overall positive momentum in the market.
Read more: S&P 500 Grinds Toward All-Time High. The Market Cleared This Week’s Inflation Hurdles.