Explore the latest developments concerning Stock market today:.
Stock market today: S&P 500 notches longest weekly win streak since 2023, Dow climbs to record high
US stocks rose on Friday morning as the world awaited an update on US-Iran peace talks.
The S&P 500 (^GSPC) gained 0.4%, and the Dow Jones Industrial Average (^DJI) rose another 0.6% after reaching an all-time high on Thursday. The tech-heavy Nasdaq Composite (^IXIC) climbed 0.2%.
The S&P 500 notched its eighth straight weekly win, securing the index’s longest weekly winning streak since 2023.
Markets started the week on a down note, amid concerns that persistent inflation will stoke worries about Federal Reserve rate hikes. Since reports of movement on US-Iran talks picked up on Wednesday, however, investors have had reason to believe a primary source of rising prices could be resolved soon.
US stocks edge higher following the latest U-turn for oil prices
Trader Aaron Ford works on the floor of the New York Stock Exchange, Thursday, May 7, 2026. (AP Photo/Richard Drew)
NEW YORK (AP) — Hour-to-hour swings for oil prices keep jerking financial markets around, and U.S. stocks wavered Thursday following the latest reversal.
The S&P 500 rose 0.2% and inched closer to its all-time high set last week. The Dow Jones Industrial Average added 276 points, or 0.6%, and the Nasdaq composite climbed 0.1%.
All three indexes erased early drops and gained strength following the latest U-turn for oil prices. Brent crude oil briefly got above $109 per barrel in the morning, threatening to worsen the world’s already high inflation, before quickly erasing all its gains in midday trading and falling 2.3% to settle at $102.58.
60% wired game keyboard, RGB backlit ultra-small keyboard, waterproof portable, computer/MAC game keyboard
The dynamic landscape of current events often brings forth significant discussions. Monitoring these developments provides crucial insights.
For more detailed information, explore updates concerning Stock market today:.
0 Comments