Reported 7 months ago
US stocks had a mixed day, with the S&P 500 and Nasdaq up for the week thanks to Apple's AI strategy and Tesla's Elon Musk's pay package. The S&P 500 and Nasdaq both set records multiple times during the week, while the Dow lagged. Investors were encouraged by a surprise cooling in wholesale prices, but the Fed's projection of fewer rate cuts led to uncertainty. European market concerns weighed on spirits, and key movers included Adobe. Trump spoke on potential tax cuts, while Musk is optimistic about Tesla's growth post-shareholder vote approval.
Source: YAHOO