Reported 4 months ago
US stocks closed the last trading day of the month positively, marking the sixth positive month in the last seven for major indexes. The Dow Jones Industrial Average rose 1.5%, the S&P 500 rose 0.8%, and the Nasdaq Composite finished just below the flatline. The day showed signs of investors taking a break, with Nvidia shareholders taking profits, and the Personal Consumption Expenditures price index rose 0.2% in April. The article also covers Google's AI blunders, Dell's revenue rise, and Gap's earnings beat, alongside updates on Trump Media & Technology Group, Ackman's IPO consideration, and market predictions regarding a September rate cut.
Source: YAHOO