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How major US stock indexes fared Friday, 5/10/2024

Time:2024-06-03 18:46:38 source:Culture Circuit news portal

U.S. stocks coasted to the close of another winning week with a quiet, mixed finish.

The S&P 500 rose 0.2% Friday. The Dow Jones Industrial Average gained 0.3%, and the Nasdaq composite edged down by less than 0.1%.

A lengthening parade of strong profit reports from Gen Digital and other companies helped support the market. Stocks had been on track for bigger gains in the morning but regressed following a discouraging report on U.S. consumer sentiment. The report suggested U.S. households are raising their expectations for inflation.

On Friday:

The S&P 500 rose 8.60 points, or 0.2%, to 5,222.68.

The Dow Jones Industrial Average rose 125.08 points, or 0.3%, to 39,512.84.

The Nasdaq composite fell 5.40 points, or less than 0.1%, to 16,340.87.

The Russell 2000 index of smaller companies fell 13.85 points, or 0.7%, to 2,059.78.

For the week:

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