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Stock market today: Nasdaq pops as Dow, S&P 500 hold near record highs to kick off final month of banner 2024


//business-finance.news-articles.net/content/202 .. ighs-to-kick-off-final-month-of-banner-2024.html
Published in Business and Finance on Monday, December 2nd 2024 at 11:01 GMT by Bill Williamson   Print publication without navigation

  • The S&P 500 ( ^GSPC) was relatively flat, coming off a record close, while the Dow Jones Industrial Average ( ^DJI) was little changed on the heels of the index's own all-time high. The tech-heavy Nasdaq Composite ( ^IXIC) was up 0.2%.

The article from Yahoo Finance discusses the stock market's performance as it enters the final month of 2024. The Nasdaq experienced a notable surge, driven by strong performances in technology stocks, particularly those involved in AI and cloud computing. Meanwhile, the Dow Jones Industrial Average and the S&P 500 are maintaining positions near their record highs, reflecting a robust economic outlook and investor confidence. Key points include expectations of continued growth due to favorable economic indicators, such as low unemployment rates and anticipated Federal Reserve actions on interest rates. Additionally, there's mention of significant corporate earnings reports influencing market movements, with companies like Apple, Microsoft, and Amazon showing positive results. The market's optimism is tempered by concerns over inflation and potential policy changes, but overall, the sentiment remains bullish as investors look forward to a strong finish to the year.

Read the Full YAHOO!Finance Article at:
[ https://finance.yahoo.com/news/live/stock-market-today-nasdaq-pops-as-dow-sp-500-hold-near-record-highs-to-kick-off-final-month-of-banner-2024-130323621.html ]

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