Stock Market Today: Record Gains for S&P 500 and Dow Jones

Friday, 18 October 2024, 10:12

Stock Market updates reveal that all three major U.S. stock indexes, including the S&P 500 and Dow, finished higher, marking a significant milestone in market performance. The Dow Jones surged, reaching 43,275.91 points, while the S&P 500 climbed to an impressive 5,864.67 points. This marks a noteworthy six-week streak of gains amidst a positive economic outlook.
Marketwatch
Stock Market Today: Record Gains for S&P 500 and Dow Jones

Major U.S. Stock Indexes Achieve Record Close

On Friday, all major U.S. stock indexes closed at record highs, marking a successful week for investors.

Daily Performance Overview

  • Dow Jones Industrial Average: Increased by 36.86 points (0.1%) to 43,275.91
  • S&P 500: Rose by 23.20 points (0.4%) to 5,864.67
  • Nasdaq Composite: Gained 115.94 points (0.6%) to 18,489.55

This is the sixth consecutive week of gains, with the Dow achieving its 40th record close of 2024, and the S&P 500 securing its 47th all-time high according to Dow Jones Market Data.

Week-Long Performance Summary

  1. Dow increased by 1% over the week
  2. S&P 500 rose by 0.9%
  3. Nasdaq advanced by 0.8%

Both the Dow and S&P 500 recorded their longest weekly winning streaks of 2024, reinforcing a strong bullish sentiment in the market.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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