Thursday, February 22, 2024
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Thursday’s Dow Closes Little Higher

The post-Disney earnings bounce and a crucial inflation measure that revealed slightly slower year-over-year inflation growth than anticipated helped the Dow Jones Industrial Average tack on a small gain on Thursday.

The blue-chip average finished at 35,176.15 after gaining 52.79 points, or 0.15%. To 4,468.83, the S&P 500 increased 0.03%. To settle at 13,737.99, the Nasdaq Composite gained 0.12%.

Early in the session, all three indices increased by more than 1%, with the Dow rising by more than 450 points. The Nasdaq Composite and S&P 500 are expected to close the week lower by 1.2% and 0.2%, respectively, despite Thursday’s advances. The Dow is expected to increase by 0.3%.

Source (CNBC)

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