Stock Market Today: Robust Performance for Dow, S&P 500, and Nasdaq
Stock Market Performance Overview
U.S. stocks closed higher Friday, marking their best weekly advance since November. Strong retail sales data released on Thursday helped mitigate concerns about potential weaknesses in the U.S. economy. As a result, stocks are nearing record territory, piquing investor interest ahead of Federal Reserve Chair Jerome Powell's address at the upcoming economic summit in Jackson Hole, Wyoming.
Daily Market Close
- The Dow Jones Industrial Average: Added 96.70 points, or 0.2%, to close at 40,659.76.
- The S&P 500: Gained 11.03 points, or 0.2%, ending at 5,554.25.
- The Nasdaq Composite: Increased by 37.22 points, or 0.2%, finishing at 17,631.75.
Weekly Recap
Over the past week, the market displayed remarkable strength:
- Dow gained 2.9%.
- S&P 500 rose 3.9%.
- Nasdaq climbed 5.3%.
These gains mark the largest weekly advance for these indexes since November, highlighting a resilient market sentiment.
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.