VWO - Asia And European Market Rise; Dollar Index Stays Below 105 - Global Markets Today While US Slept | Benzinga
On Friday, May 31st, the U.S. stock markets closed mixed, with the Dow and S&P 500 ending higher—the Dow posted its most significant daily gain since November 2023, fueled by month-end repositioning.
This activity helped drive significant gains across all major indexes for May.
The economic data showed the Federal Reserve’s preferred inflation measure remained steady at 2.7% year-on-year in April 2024, meeting economist expectations but keeping investors wary of potential rate cuts.
Almost all sectors of the S&P 500 finished in the green, led by a rise in the energy sector, while the technology sector ended slightly down.
The Dow Jones Industrial Average was up 1.51% and closed at 38,686.32. The S&P 500 gained 0.80%, ending the day at ...