Wall Street ticked higher to trim its sharp loss for September after pressure squeezing it from the oil and bond markets relaxed a bit.
The S&P 500 rose 0.6% Thursday. The Dow gained 0.3%, and the Nasdaq composite climbed 0.8%.
A drop in oil prices took some heat off the stock market, a day after crude reached its highest price of the year. Treasury yields also relaxed after giving up earlier gains from the morning to give the stock market more of a breather. Big Tech stocks in particular felt relief. Meta Platforms and Nvidia helped lead the market.
On Thursday:
The S&P 500 rose 25.19 points, or 0.6%, to 4,299.70.
The Dow Jones Industrial Average rose 116.07 points, or 0.3%, to 33,666.34.
The Nasdaq composite rose 108.43 points, or 0.8%, to 13,201.28
The Russell 2000 index of smaller companies rose 15.41 points, or 0.9% to 1,794.31.
For the week:
The S&P 500 is down 20.36 points, or 0.5%.
The Dow is down 297.50 points, or 0.9%.
The Nasdaq is down 10.53 points, or 0.1%
The Russell 2000 is up 17.81 points, or 1%.
For the year:
The S&P 500 is up 460.20 points, or 12%.
The Dow is up 519.09 points, or 1.6%.
The Nasdaq is up 2,734.79 points, or 26.1%
The Russell 2000 is up 33.07 points, or 1.9%.
Before you make your next trade, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis.
Our team has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and none of the big name stocks were on the list.
They believe these five stocks are the five best companies for investors to buy now...
See The Five Stocks Here
Need to stretch out your 401K or Roth IRA plan? Use these time-tested investing strategies to grow the monthly retirement income that your stock portfolio generates.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
