Reported about 16 hours ago
Stocks soared on Friday, with the Dow closing above 47,000 for the first time, spurred by better-than-expected inflation reports. The Dow gained 473 points, while the S&P 500 and Nasdaq also reached record highs. The positive sentiment was fueled by hopes of upcoming interest rate cuts from the Federal Reserve, alongside impressive corporate earnings, such as Ford's strong performance. Investors are keenly awaiting further corporate results and trade discussions between the US and China.
Source: YAHOO