US stocks closed mixed on Friday as the excitement from the recent Federal Reserve interest rate cut faded, with the Dow Jones Industrial Average reaching a record high while the S&P 500 and Nasdaq saw declines amid ongoing economic concerns.
US stocks closed mixed on Friday as the excitement from the recent Federal Reserve interest rate cut faded, with the Dow Jones Industrial Average reaching a record high while the S&P 500 and Nasdaq saw declines amid ongoing economic concerns.
US stocks gained on Monday, with the S&P 500 and Nasdaq setting new records ahead of key events that could signal future interest rate changes.
Global stock markets rallied as cooling inflation in Europe and softening US economic data fueled expectations of central bank rate cuts, while bond yields declined and sector-specific gains boosted investor confidence.