Market Report - US Close

US close: S&P 500, Nasdaq hit new highs after solid jobs data

By Benjamin Chiou

Date: Friday 06 Dec 2024

(Sharecast News) - The S&P 500 and Nasdaq both hit new record highs on Friday after solid economic data reinforced expectations for a quarter-point cut in interest rates at the Federal Reserve's next meeting.
The S&P 500 rose 0.25% to 6,090.27, marginally topping a previous record of 6,086.49 reached on Wednesday,...

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