S&P 500 tops 7,800 as cooling inflation lifts stocks to record
The S&P 500 climbed through 7,800 for the first time on Thursday after two cooling inflation readings pushed the broad market to a record; Friday's session added context on where the cooling came from.
SPXDJI
Equities hit a record on Thursday as two cooler inflation readings supported the broad market, with the S&P 500 moving through 7,800 for the first time.
The Dow Jones Industrial Average came into focus on Friday morning after traders got more detail on what drove the recent disinflation.
The move highlights how softer price pressures are influencing major US stock benchmarks.
Source: FXStreet Forex News