VWO - Asia And Europe Markets Advance Gold Clocks Record High - Global Markets Today While US Slept | Benzinga
On Friday, May 17th, U.S. stock markets closed mixed, with the Dow Jones surpassing 40,000 for the first time and significant indexes posting weekly gains. Market performance was bolstered by data supporting anticipated Fed rate cuts.
The S&P 500 edged higher while the Nasdaq fell, but both achieved a fourth consecutive week of gains. The Dow closed with its fifth straight week of advances.
On Friday, Reddit (NYSE:RDDT) rose 10% after partnering with OpenAI to integrate its content with ChatGPT. GameStop (NYSE:GME) fell nearly 20% after announcing a mixed-shelf offering and expecting lower first-quarter net sales.
The Dow Jones Industrial Average was up 0.34% and closed at 40,003.59. The S&P 500 gained 0.12%, ending the day at 5,303.27, while the Nasdaq Composite ...