The U.S. stock market rose to the edge of its all-time high. The S&P 500 added 0.2% Friday and finished just shy of its record closing level, which was set in October. It had briefly topped the mark during the day, before paring its gain. The Dow Jones Industrial Average added 0.2%, and the Nasdaq composite gained 0.3%. The modest moves capped a quiet week for Wall Street, offering a respite following weeks of sharp and scary swings. Ulta Beauty helped lead the market after delivering a better profit than analysts expected and offering encouraging signals about the holiday shopping season.
The U.S. stock market held near its records after a wobbly day of trading. The S&P 500 edged up 0.1% Thursday and remains just 0.5% below its all-time high. The Dow Jones Industrial Average slipped 0.1%, and the Nasdaq composite rose 0.2%. Dollar General rallied after reporting a better profit than analysts expected, but Kroger dropped after the grocer reported weaker revenue than expected. The market’s modest overall moves continue a calm run following weeks of sharp swings for stocks. Treasury yields ticked higher in the bond market, while stock indexes rose in Europe following a mixed finish in Asia.
U.S. stocks rose near their record levels. The S&P 500 gained 0.3% Wednesday and pulled within 0.6% of its all-time high set in late October. The Dow Jones Industrial Average climbed 408 points, and the Nasdaq composite added 0.2%. Stocks got help from easing Treasury yields in the bond market following some mixed reports on the U.S. economy. One suggested hiring was much weaker in November than economists expected, while a second said growth for U.S. services businesses was better than expected. They kept alive hopes that the Federal Reserve will cut interest rates next week. Bitcoin rose back above $93,000.
U.S. stocks bounced back as both bond yields and bitcoin stabilized. The S&P 500 rose 0.2% Tuesday, following its first loss in six days. The Dow Jones Industrial Average added 0.4%, and the Nasdaq composite climbed 0.6%. Boeing was one of the strongest forces lifting the market after it gave an encouraging forecast for how much cash it will produce next year. That helped offset losses for Signet Jewelers and Procter & Gamble, which highlighted potential challenges for U.S. households. Treasury yields eased following their jumps the day before. Bitcoin rose back above $91,000 after tumbling below $85,000 on Monday.
U.S. stocks gave back some of last week’s rally, as bitcoin and other former stars of Wall Street fell again. The S&P 500 lost 0.5% Monday, breaking a five-day winning streak. The Dow Jones Industrial Average dropped 0.9%, and the Nasdaq composite fell 0.4%. Crypto-related stocks sank to some of the sharpest losses after bitcoin dropped below $86,000. Stock prices also broadly felt pressure from rising yields in the bond market. Treasury yields climbed along with yields worldwide after the head of the Bank of Japan hinted at a hike to interest rates there.
U.S. stocks rose for a fourth straight day, led by solid gains for technology companies. The S&P 500 rose 0.7% Wednesday and the tech-heavy Nasdaq gained 0.8%. The Dow Jones Industrial Average rose 314 points, or 0.7%. Nvidia, Microsoft and Broadcom were among the tech stocks that drove the market’s gains. Financial services companies also fared well. Robinhood posted the biggest gain in the S&P 500, 10.9%, after saying it planned to expand its prediction markets business with the launch of a new exchange. The recent gains for stocks have been helped by rising hopes for another rate cut from the Federal Reserve next month.
Stocks climbed again on hopes for a coming cut to interest rates. The S&P 500 rose 0.9% Tuesday after breaking out of a morning lull and is back within 1.8% of its all-time high. The Dow Jones Industrial Average rallied 664 points, and the Nasdaq composite rose 0.7%. Stocks got a boost from easing yields in the bond market. Lower rates can cover up many sins in financial markets, including prices going too high, and hopes are strong that the Federal Reserve will cut its main interest rate at its next meeting to juice the economy further. Small stocks had the market’s biggest gains.
The U.S. stock market rallied. The S&P 500 climbed 1.5% Monday for one of its best days since the summer and added to its jump from Friday, finding some strength following a shaky few weeks. The Dow Jones Industrial Average rose 0.4%, and the Nasdaq composite gained 2.7%. Stocks got a lift from rising hopes that the Federal Reserve will cut its main interest rate again in December, which could boost the economy and investment prices. The market also benefited from strength for stocks caught up in the artificial-intelligence frenzy, particularly for Alphabet. Trading this week will be shortened by the Thanksgiving holiday.
More swings hit Wall Street, except it finished higher this time. After bobbing up and down Friday morning, the S&P 500 took off and rallied nearly 2% before finishing with a gain of 1%. The Dow Jones Industrial Average climbed 1.1%, and the Nasdaq composite rose 0.9%. It’s a fitting finish for a week that left the S&P 500 just a bit below its record but also forced investors to stomach the sharpest hourly swings since a sell-off in April. Stocks got a boost after a Federal Reserve official suggested he may support cutting interest rates again in December.
Big swings keep rocking Wall Street. The S&P 500 fell 1.6% Thursday after erasing an early surge that initially had it on track for its best day since May. The Dow Jones Industrial Average dropped 0.8%, and the Nasdaq composite sank 2.2%. The sharpest losses again hit what had been the market’s biggest winners. Nvidia, cryptocurrencies and other areas that had earlier soared with nearly relentless momentum forced the market lower. Nvidia was the heaviest weight on the stock market despite another blowout profit report.