How major US stock indexes fared Tuesday, 4/23/2024
Stocks rallied for a second straight day on Wall Street, softening what’s been a rough April.
The S&P 500 added 1.2% Tuesday to pull further out of the hole created by a six-day losing streak. The Dow Jones Industrial Average climbed 0.7%, and the Nasdaq composite rose 1.6%.
A weaker-than-expected report on U.S. business activity helped support the market, which remains in an awkward phase. The hope on Wall Street is for the economy to avoid a severe recession, but not to stay so hot that it keeps upward pressure on inflation. GE Aerospace soared after raising its profit forecast.
On Tuesday:
The S&P 500 rose 59.95 points, or 1.2%, to 5,070.55.
The Dow Jones Industrial Average rose 263.71 points, or 0.7%, to 38,503.69.
The Nasdaq composite rose 245.33 points, or 1.6%, to 15,696.64.
The Russell 2000 index of smaller companies rose 35.17 points, or 1.8%, to 2,002.64.
Related articles
A Black lawmaker briefly expelled from the Tennessee Statehouse will remain on the 2024 ballot
NASHVILLE, Tenn. (AP) — One of the two Black lawmakers briefly expelled from Tennessee’s GOP-control2024-05-04WHO says Gaza's Nasser hospital not functional after Israel raids
File photo. A woman reacts as injured Palestinians are brought to Nasser hospital in Khan Yunis in t2024-05-04- Contact Us HomeNewsHighlightACWF NewsSocietyWom2024-05-04
People's Daily Online seeks English copy
(People's Daily Online) 15:02, March 10, 2023People's Daily Online is looking for two full-time nati2024-05-04- Anya Taylor-Joy has shared a stunning topless snap as she gave a behind the scenes glimpse at her gl2024-05-04
- BANGKOK, April 12 (Xinhua) -- Three white generator units are operating at full capacity in Thailand2024-05-04
atest comment