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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
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