Stock market today: Dow jumps over 300 points to hit fresh record, lead stock rebound
The Dow Jones Industrial Average (^DJI) rose nearly 350 points, or about 0.8%, to close at a record high of 43,077.70. The tech-heavy Nasdaq Composite (^IXIC) gained nearly 0.3%, while the benchmark S&P 500 (^GSPC) was up around 0.
Stock Market Today: Dow ends at record; S&P 500, Nasdaq bounce after tech pullback
While selling was mostly concentrated in the semiconductor sector, stocks in other areas of the market continued to climb. As a result, the percentage of S&P 500 members whose shares hit fresh 20-day highs hit 37%, the highest reading in months, according to Renaissance Macro's Jeff deGraaf.
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Investors are looking to the latest reading on CPI consumer inflation to set expectations for the path of interest rates.
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The Dow Jones Industrial Average rose 341 points ... bolstered hope that the U.S. economy will keep growing, particularly now that the Fed has begun cutting interest rates to give it more juice.
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Dow Jones Rallies As Nvidia Eyes Key Milestone; Cathie Wood Sells This Stock Amid 106% Gain (Live Coverage)The Dow Jones rose on the stock market today as Nvidia rallied. Warren Buffett snapped up a stock while Cathie Wood sold ...
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