Wall Street posts weekly gains with earnings, inflation data on tap
US stocks closed higher on Friday, with the Dow, S&P 500, and Nasdaq all posting weekly gains. Investors are now shifting their focus to the upcoming third-quarter earnings season and inflation data, which could provide insight into the Federal Reserve's next policy decision. The S&P 500 and Nasdaq both had a fourth straight week of gains.
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- โ The S&P 500 and Nasdaq both had a fourth straight week of gains.
- โ US stocks closed higher on Friday.
- โ The Dow Jones Industrial Average closed at 51,654.95.
- โ The S&P 500 closed at 7,811.54.
What changed
Investors are now focusing on the upcoming earnings season and inflation data, which is expected to provide insight into the Federal Reserve's next policy decision.
Live updates
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Wall Street posts weekly gains with earnings, inflation data on tap
US stocks closed higher on Friday, with the Dow, S&P 500, and Nasdaq all posting weekly gains. Investors are now shifting their focus to the upcoming third-quarter earnings season and inflation data, which could provide insight into the Federal Reserve's next policy decision. The S&P 500 and Nasdaq both had a fourth straight week of gains.
Why it matters
The US stock market has been experiencing a period of volatility, with investors closely monitoring economic indicators and corporate earnings reports. The Federal Reserve's next policy decision is expected to be influenced by the upcoming inflation data and earnings reports. The Dow Jones Industrial Average, S&P 500, and Nasdaq Composite are all major indicators of the US stock market's performance.
What is confirmed
- The S&P 500 and Nasdaq both had a fourth straight week of gains.
- US stocks closed higher on Friday.
- The Dow Jones Industrial Average closed at 51,654.95.
- The S&P 500 closed at 7,811.54.
- The Nasdaq Composite closed at 27,366.17.
What to watch next
- The release of third-quarter earnings reports
- The upcoming inflation data
- The Federal Reserve's next policy decision
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