S&P 500, Dow, NASDAQ Hit Record Highs
Digest more
The delayed Consumer Price Index showed prices rose 3% in September. Follow along for live updates on the CPI report and how the Dow, Nasdaq and S&P 500 react.
Netflix stock dragged other techs lower, dropping some 10% after the streaming giant's earnings missed expectations, thanks in part to a Brazil tax dispute. Shares in Mattel also
IBM and Advanced Micro Devices created tailwinds for the main indexes after scoring a major quantum-computing win.
Dow hits record high as U.S. stocks soar. Investors cheered a lighter-than-expected inflation report. The Dow Jones climbed 400 points. The S&P 500 and Nasdaq also posted strong gains. Technology and semiconductor stocks led the rally.
The Dow, S&P 500 and Nasdaq all rose this week, as investors shook off concerns about bad loans as well as trade tensions with China.
Investor's Business Daily on MSN
Stock Market Today: Dow Soars To A New High On CPI Data; This Solar Name Shines After Earnings (Live Coverage)
Also, IBD MarketSurge Growth 250 name Newmont NEM trimmed larger morning losses to roughly 4% despite the gold miner's third-quarter earnings and sales that beat views. Its profit grew 111% to $1.71 per share on sales that grew 20% to $5.524 billion.
Dow, S&P, Nasdaq all in red. Stocks fell Wednesday as weak earnings from Texas Instruments (-4%) and Netflix (-9%) weighed on the major averages. Dow dropped 147 points (0.3%), S&P 500 fell 0.4%, Nasdaq slid 0.
Shares of Constellation Energy Corp. rose 6.39% to $389.19 Friday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.79% to 6,791.