Dow, S&P 500, NASDAQ Close At New Highs On Cool CPI Data
Digest more
U.S. stocks closed higher Friday, with the S&P 500 notching a new all-time high after investors got a fresh reading on inflation that was slightly softer than Wall Street expected. The Dow Jones Industrial Average rose 1%,
Wall Street expects Atlassian's adjusted earnings to increase at 19% annually through the fiscal year ending in June 2027. That makes the current valuation of 41 times earnings look relatively reasonable, especially when the company beat the consensus earnings estimate by an average of 16% in the last four quarters.
U.S. stocks rose to the cusp of their records. The S&P 500 climbed 0.6% Thursday and is just 0.2% below its all-time high set earlier this month.
U.S. stocks hit their highest levels of the session in recent trading, with the Dow, S&P 500 and Nasdaq composite all setting fresh intraday records, according to Dow Jones Market Data. For the S&P 500 and Nasdaq,
U.S. stock markets closed at record highs on Friday following the Fed rate cut last week and indications for further easing of policies. Some progress in U.S.-China trade talks also boosted investors’ sentiment. All three major stock indexes ended in ...
The Dow Jones Industrial Average, S&P 500 and the NASDAQ Composite indices rose and made record highs last week. Inflation data coming in lower than market expectation aided the benchmark indices to rise sharply on Friday and close the week on a strong note.