Go To:
Premier Members can get their watchlist or portfolio delivered via email up to 5 times a day. Learn More >>
Stocks Finish Higher as Price Pressures Ease
Barchart - Fri Dec 5, 3:34PM CST
The S&P 500 Index ($SPX) (SPY) on Friday closed up by +0.19%, the Dow Jones Industrials Index ($DOWI) (DIA) closed up by +0.22%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed up by +0.43%. December E-mini S&P futures (ESZ25) rose +0.19%, and December E-mini Nasdaq futures (NQZ25) rose up +0.43%.
Stock indexes settled higher on Friday, with the S&P 500 climbing to a 5-week high, the Nasdaq 100 reaching a 1-month high, and the Dow Jones Industrial Average hitting a 3-week high. Optimism about the economic outlook and the prospects of Fed rate cuts are supporting stock prices. Market seasonals are also supportive of stocks, as December is typically a bullish month.  Strength in semiconductor stocks on Friday was another supportive factor for the broader market. Â
Stocks also rose on Friday on benign inflation news after the Sep core PCE price index rose as expected, and the University of Michigan's US December inflation expectations eased to an 11-month low. In addition... Read more
Most Recent Stories
More News Notable early reaction to Netflix's deal to acquire Warner Bros. AP - Fri Dec 5, 6:04PM CST
Netflix's $72 billion deal to acquire Warner Bros
Wall Street rises to the edge of its all-time high AP - Fri Dec 5, 5:57PM CST
The U.S. stock market rose to the edge of its all-time high
Stocks Finish Higher as Price Pressures Ease Barchart - Fri Dec 5, 3:34PM CST
The S&P 500 Index ($SPX ) (SPY ) on Friday closed up by +0.19%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up by +0.22%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up by +0.43%. December...
US Steel to resume steel production at Illinois plant shut 2 years ago AP - Fri Dec 5, 2:50PM CST
U.S. Steel says it'll resume making steel slabs at its Granite City Works plant in Illinois amid strengthening demand
EU hits Elon Musk's X with 120 million euro fine for breaching bloc's social media law AP - Fri Dec 5, 1:14PM CST
European Union regulators have fined Elon Musk’s social media platform X 120 million euros for failing to comply with digital regulations
Fed's preferred inflation gauge stayed elevated in September as spending weakened AP - Fri Dec 5, 11:47AM CST
The Federal Reserve’s preferred measure of inflation slowed a bit in September, likely easing the way to a widely expected interest rate cut by the central bank next week
/AI%20(artificial%20intelligence)/AI%20engineer%20working%20on%20laptop%20by%20ART%20STOCK%20CREATIVE%20via%20Shutterstock.jpg)
/Semiconductor%20by%20Gorodenkoff%20via%20Shutterstock.jpg)
