SPY News: Stocks enter shortened trading week near record highs: What to know this week - 16th Jun 2024, 9:00pm

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Stocks concluded last week on a hot streak as softer-than-expected inflation data fueled investor optimism around interest rate cuts.

The Nasdaq Composite (^IXIC) rose more than 3% while the S&P 500 (^GSPC) popped nearly 1.5%. The S&P 500 ended the week above 5,400 for the first time ever. The Nasdaq and S&P 500 both closed at record highs for four straight days. Meanwhile, the Dow Jones Industrial Average (^DJI) slid more than 0.7%.

A quieter week ahead will greet investors, with no major cor...

>>> Read more: Stocks enter shortened trading week near record highs: What to know this week
 
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