S&P 500, Nasdaq end higher as Lululemon gains, data supports rate cut view

S&P 500, Nasdaq end higher as Lululemon gains, data supports rate cut view

By Caroline Valetkevitch NEW YORK (Reuters) -The Nasdaq and the S&P 500 rose to record closing highs on Friday following upbeat forecasts from Lululemon Athletica and other companies and as U.S. jobs data fueled expectations the Federal Reserve would cut interest rates this month. The Dow finished lower, as a drop in UnitedHealth Group shares weighed on the index. The S&P 500 consumer

Source link

Visited 1 times, 1 visit(s) today

Leave a Reply

Your email address will not be published. Required fields are marked *