VWO - Asia And European Markets Dip Crude Oil Advances Towards $80 - Global Markets Today While US Slept | Benzinga
On Friday, May 24th, U.S. stock markets closed higher, with the Nasdaq and S&P 500 advancing, while the Dow rose slightly. Positive economic data drove gains, Nvidia’s strong earnings, and an improved consumer inflation outlook, marking the Nasdaq’s fifth consecutive weekly increase.
According to economic data, U.S. durable goods orders rose by 0.7% in April, surpassing expectations of a decline of 0.8%, after a revised 0.8% gain in March.
Most S&P 500 sectors closed positively, led by utilities, IT, and communication services, while healthcare stocks closed lower.
The Dow Jones Industrial Average gained slightly 0.01% and closed at 39,069.59. The S&P 500 rose 0.70%, ending ...