Market Report - US Close
US close: Stocks higher following July PCE numbers
By Iain Gilbert
Date: Friday 30 Aug 2024
(Sharecast News) - Wall Street stocks closed higher on Friday as investors digested a key inflation reading.
At the close, the Dow Jones Industrial Average was up 0.55% at 41,563.08, while the S&P 500 advanced 1.01% to 5,648.40 and the Nasdaq Composite saw out the session 1.13% firmer at 17,713.62.
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