How Major US Stock Indexes Fared May 10

How Major US Stock Indexes Fared May 10
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The Associated Press
5/10/2024
Updated:
5/10/2024
0:00

U.S. stocks coasted to the close of another winning week with a quiet, mixed finish.

The S&P 500 rose 0.2 percent Friday. The Dow Jones Industrial Average gained 0.3 percent, and the Nasdaq composite edged down by less than 0.1 percent.

A lengthening parade of strong profit reports from Gen Digital and other companies helped support the market. Stocks had been on track for bigger gains in the morning but regressed following a discouraging report on U.S. consumer sentiment. The report suggested U.S. households are raising their expectations for inflation.

On Friday:

The S&P 500 rose 8.60 points, or 0.2 percent, to 5,222.68.

The Dow Jones Industrial Average rose 125.08 points, or 0.3 percent, to 39,512.84.

The Nasdaq composite fell 5.40 points, or less than 0.1 percent, to 16,340.87.

The Russell 2000 index of smaller companies fell 13.85 points, or 0.7 percent, to 2,059.78.

For the week:

The S&P 500 is up 94.89 points, or 1.9 percent.

The Dow is up 837.16 points, or 2.2 percent.

The Nasdaq is up 184.54 points, or 1.1 percent.

The Russell 2000 is up 24.06 points, or 1.2 percent.

For the year:

The S&P 500 is up 452.85 points, or 9.5 percent.

The Dow is up 1,823.30 points, or 4.8 percent.

The Nasdaq is up 1,329.52 points, or 8.9 percent.

The Russell 2000 is up 32.70points, or 1.6 percent.

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