Reported about 1 year ago
The S&P 500 rose 0.5% on Friday, July 5, 2024, fueled by a cooling labor market, hinting at potential interest rate cuts. Meta Platforms' shares surged 5.9% as their AI investments showed promise. Southwest Airlines fell drastically after adopting a 'poison pill' plan. Major U.S. equities indexes closed higher after the Independence Day holiday, with Facebook's Meta Platforms and Baxter International trending positively, while Southwest Airlines and First Solar faced setbacks.
Source: YAHOO