Reported about 8 hours ago
U.S. stocks fluctuated on Friday, with the Dow Jones dropping 0.5%, while the S&P 500 and Nasdaq trimmed gains but remained near record highs after positive economic indicators and a consumer sentiment survey showed falling inflation expectations. Netflix saw its stock drop over 4% despite a strong earnings report, as high investor expectations proved difficult to meet, while American Express reported resilience in consumer spending. Overall, major indexes are poised for weekly gains amid ongoing discussions regarding Fed Chair Jerome Powell's future.
Source: YAHOO