homeWelcome, sign in or click here to subscribe.login




Subscriber content preview

May 16, 2024

Stocks close at new records

AP Business Writer

NEW YORK — Hopes that inflation is finally heading back in the right direction swept through Wall Street Wednesday and ignited a record-setting rally for U.S. stocks.

The S&P 500 jumped 1.2% to top its prior high set a month and a half ago. The Nasdaq composite added 1.4% to its own record set a day earlier, and the Dow Jones Industrial Average gained 349 points, or 0.9%, to beat its all-time high set in March.

. . .

To read this story in full login or purchase a subscription.

Email or user name:
Forgot password? Click here.