How major US stock indexes fared Friday, 10/11/2024 ...Middle East

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How major US stock indexes fared Friday, 10/11/2024
source : News10NBC ( Middle East ) () 44
U.S. stocks closed at more all-time highs as JPMorgan Chase, Wells Fargo and other big financial companies rallied following better-than-expected profit reports. The S&P 500 rose 0.6% Friday, topping its all-time high set earlier this week. The Dow Jones Industrial Average jumped 1% and also notched a record. The Nasdaq composite lagged the market with a gain of 0.3% after a slide for Tesla kept it in check. The electric vehicle maker tumbled following the unveiling of its long-awaited robotaxi. Treasury yields held relatively steady after the latest updates on inflation at the wholesale level and on sentiment among U.S. consumers. On Friday: The S&P 500 rose 34.98 points, or 0.6%, to 5,815

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