Reported 5 months ago
On Friday, U.S. stocks rebounded with the S&P 500 gaining 0.7% and the Dow Jones Industrial Average rising slightly. The Nasdaq composite set a new record high. Strong earnings reports from companies like Deckers Outdoor and Ross Stores contributed to the market's positive performance, despite concerns about inflation and potential interest rate hikes. Reports indicating a stronger U.S. economy than expected also influenced trading. In global markets, indexes in Asia and Europe experienced declines.
Source: YAHOO