US Stock Markets Surge Following Strong Monthly Gains
US stocks today: US markets open higher after best month in years
The Economic Times
Image: The Economic Times
US stock markets opened higher on Friday, continuing the momentum from their best monthly performance in years. The Dow Jones Industrial Average, S&P 500, and Nasdaq Composite all recorded gains, reflecting investor confidence despite ongoing oil market concerns.
- 01US stock markets opened higher on Friday.
- 02The Dow Jones Industrial Average increased by 180.4 points.
- 03The S&P 500 rose by 25.5 points.
- 04The Nasdaq Composite gained 85.5 points.
- 05Investor confidence is bolstered by strong earnings reports.
Advertisement
In-Article Ad
On Friday, US stock markets opened higher, continuing the positive trend from their best monthly performance in years. The Dow Jones Industrial Average rose by 180.4 points to reach 49,832.57, marking an increase of 0.36%. The S&P 500 also saw gains, rising by 25.5 points to 7,234.54 (up 0.35%), while the Nasdaq Composite increased by 85.5 points to 24,977.79 (up 0.34%). This upward movement is largely attributed to investor confidence driven by strong earnings reports, despite concerns surrounding the oil market.
Advertisement
In-Article Ad
The rise in stock markets may encourage consumer spending and investment, contributing to economic growth.
Advertisement
In-Article Ad
Reader Poll
Do you think the stock market will continue to rise in the coming months?
Connecting to poll...
Read the original article
Visit the source for the complete story.