Stocks End Higher as Wall Street’s Winning Week Rolls On

Stocks End Higher as Wall Street’s Winning Week Rolls On
People walk past the New York Stock Exchange in New York on June 29, 2022. Julia Nikhinson/AP Photo
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Stocks on Wall Street closed higher Thursday, building on their winning week, as investors sifted through a deluge of news about the economy, interest rates and corporate profits.

The S&P 500 rose 1 percent after shaking off an early stumble, returning to its highest level in six weeks. The Dow Jones Industrial Average also recovered from a midafternoon slide to end 0.5 percent higher, while the Nasdaq composite rose 1.4 percent as Tesla and technology stocks led the market.