SPY News: Inflation and consumer spending updates ahead: What to know this week - 12th May 2024, 11:34pm

annb0t

Top 20
Stocks rallied during a quiet week for economic data on Wall Street.

The Nasdaq Composite (^IXIC) rose just under 1% while the S&P 500 (^GSPC) popped almost 2%. The S&P 500 ended Friday back above 5,200 for the first time since early April. Meanwhile, the Dow Jones Industrial Average (^DJI) rose more than 2% on the week and has closed higher for eight straight sessions.

In the week ahead, a crucial April inflation reading and an update on retail sales will highlight the economic calendar. Init...

>>> Read more: Inflation and consumer spending updates ahead: What to know this week
 
Top Bottom