Daily market update Stocks ros

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Daveforceone
2022-10-29

Daily market update

Stocks rose on Friday despite a tumble in Amazon shares after economic data pointed to slowing inflation and a steady consumer.

The Dow Jones Industrial Average closed 828.52 points, or about 2.6%, higher at 32,861.80. The S&P 500 added nearly 2.5%, to close at 3,901.06. The Nasdaq Composite ended up about 2.9%, to close at 11,102.45.

On a weekly basis, the major indexes made notable gains. It was the fourth positive week in a row for the Dow, a first since a five-week streak ending in November 2021. The 30-stock index is up 5.7% this week in its best performance since May. It’s also on track for its best month since January 1976.

The S&P 500 and the Nasdaq are up 3.9% and 2.2%, respectively, for the week.

# What's Your Target for S&P 500 in This Rebound?

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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Lewis Foong
·2022-10-29
beware wall street'knife
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Ra007
·2022-10-29
Dead cat bounce….
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S.B.D
·2022-10-29
Too early to celebrate
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Ninja Turtle
·2022-10-29
gd
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Ben789
·2022-10-29
Ok
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Ninderdon
·2022-10-29
k
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dIwIrma
·2022-10-29
👍
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kimlov
·2022-10-29
k
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Pekpek
·2022-10-29
Good
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Belong
·2022-10-29
K
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Alan75
·2022-10-29
ok
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Tjs
·2022-10-29
ok
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Sonsonkok
·2022-10-29
Okay
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累 and tired of life
·2022-10-29
G
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kelvintwk
·2022-10-29
.
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Big Cat
·2022-10-29
[OK]
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1
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SpiDeY_UnLtD
·2022-10-29
k
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KongSH
·2022-10-29
thank u
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Delvin
·2022-10-29
Toh
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Michaaeel
·2022-10-29
👍
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