Reported 18 days ago
U.S. stocks ended mixed on Friday, with the Dow edging up to a new record above 42,000, while the S&P 500 and Nasdaq slipped slightly after a prior surge following a significant interest rate cut by the Federal Reserve. Despite initial excitement over the cut, concerns about potential growth risks resurfaced, impacting market sentiment. Notably, shares of Intel soared after news of a possible takeover approach from Qualcomm, while FedEx saw its stock plummet following a disappointing earnings report.
Source: YAHOO