Dow Jones Hits Record High as Stocks Close Strong Despite Market Fluctuations

Reported 18 days ago

U.S. stocks ended mixed on Friday, with the Dow Jones Industrial Average reaching a new record close above 42,000, while the S&P 500 and Nasdaq experienced slight declines. This week's gains followed a rally fueled by the Federal Reserve's significant interest rate cut, although concerns about potential economic risks lingered. Notable market movements included a surge in Intel shares amid acquisition talks with Qualcomm, while FedEx's disappointing earnings led to a drop in its stock.

Source: YAHOO

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