US Stocks Hit Record Highs Amid Iran Peace Hopes and Rising Wholesale Inflation
US equity markets surged to record highs this week, with the Dow Jones Industrial Average crossing the 50,500 mark and the S&P 500 achieving its longest weekly winning streak since 2023. Investor optimism was fueled by hopes of a breakthrough in US-Iran peace talks, cooling Treasury yields, and strong tech momentum following Nvidia earnings and SpaceX's IPO filing. However, the rally occurred against a backdrop of economic volatility. Producer prices jumped 6% in April, the largest annual increase since 2022, signaling sticky wholesale inflation that may complicate the Federal Reserve's strategy. While some reports noted a dip in general inflation to 2.8%, the spike in producer costs is putting pressure on companies to raise consumer prices.
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Stock market today: Dow clinches record high, S&P 500 and Nasdaq rise as stocks rebound on US-Iran peace hopes
The benchmark S&P 500 (^GSPC) rose by 0.2%, while the tech-heavy Nasdaq Composite (^IXIC) added 0.1% following earnings from Nvidia and an S-1 filing for the upcoming IPO of SpaceX on Wednesday afternoon. The Dow Jones Industrial Average (^DJI) gained 0.6% to clinch a record high.
Producer prices shot up 6%, adding pressure on companies to hike prices for struggling customers | PBS News
Subscribe to Here’s the Deal, our politics newsletter for analysis you won’t find anywhere else. Excluding volatile food and energy costs, so-called core producer prices rose 1% from March and 5.2% from April 2025. All of the numbers released Wednesday caught economists off guard and altered the dynamic at the U.S. Federal Reserve and its fight against inflation...
Stock market today: S&P 500 notches longest weekly win streak since 2023, Dow climbs to record high
Stocks climbed to start the trading ... awaited news on a breakthrough in the US-Iran conflict and Treasury yields eased. The Dow Jones Industrial Average (^DJI) rose 0.5% to add to its record-high close on Thursday. The blue-chip index crossed 50,500 on Friday morning. The S&P 500 (^GSPC) added 0.63% and was on track for its longest weekly winning streak in three years. The tech-heavy Nasdaq Composite ...
Dow rises more than 270 points to close at a record as oil prices pull back: Live updates
S&P 500 and Nasdaq 100 futures slipped 0.3% and 0.4%, respectively, shortly after 6 p.m. ET Wednesday night. Dow futures ticked down 0.1%. ... Dow adds nearly 300 points Friday for new record close; S&P 500 notches eighth winning week: Live updates
US Stock Market Today | Dow Jones | Nasdaq Live: Dow hits record high as Middle East hopes lift sentiment and Warsh takes Fed charge - The Economic Times
Dow Jones Today | Nasdaq | S&P 500 | US Stock Market Live Updates: US stocks advanced, led by a record high in the Dow, as investors focused on ongoing Iran peace talks ahead of the long weekend. Cooling Treasury yields and upbeat earnings supported risk appetite, alongside continued enthusiasm ...
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