Stock market today: Stocks rise as Dow tries to extend 6-day win streak – Yahoo Finance

From Yahoo Finance: 2024-05-09 13:23:31

Stocks rose as the Dow Jones Industrial Average attempted to extend its 6-day winning streak. The S&P 500 and Nasdaq also saw gains. This surge in the market follows positive economic data, including strong quarterly results from major companies like Walmart. The Dow closed up 64 points, the S&P 500 was up 0.5%, and the Nasdaq increased by 1.2%. This positive momentum was fueled by strong retail sales and declining jobless claims. Investors are optimistic about the economic recovery and inflation concerns have eased.



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