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US stocks rebounded from sharp losses, with the S&P 500 and Nasdaq recording a fifth straight week of gains. The S&P 500 and Nasdaq reached fresh record highs on May 23. Despite the rebound, the Dow Jones Industrial Average snapped its five-week rally after suffering its biggest one-day percentage drop in over a year. The rebound was driven by news of an improving consumer outlook on inflation. On May 24, the S&P 500 was up 0.3% in early trading, although it faced a challenging week after Wall Street's worst day since April. The Dow was up 101 points in early trading.
US stocks rebounded from sharp losses the day before on news of an improving consumer outlook on inflation, sending the S&P 500 and Nasdaq to a fifth straight week of gains and the latter to a record closing high. Read more: https://t.co/IOTP8z4UgI https://t.co/CAMel3yt18
US stocks rebounded from sharp losses, with the S&P 500 and Nasdaq recording a fifth straight week of gains. The Dow, however, snapped its five-week rally a day after it suffered its biggest one-day percentage drop in over a year https://t.co/wHJlNavKHu https://t.co/7FwL1tenb0
US stocks rebounded from sharp losses, with the S&P 500 and Nasdaq recording a fifth straight week of gains. The Dow, however, snapped its five-week rally a day after it suffered its biggest one-day percentage drop in over a year. Read more: https://t.co/IOTP8z5s6g https://t.co/ozpNJaGItF
