How major US stock indexes fared Thursday, 9/26/2024
U.S. stocks rose to another all-time high, but a slide in oil prices kept the gains in check by weighing down energy companies
By The Associated Press
Published - Sep 26, 2024, 04:22 PM ET
Last Updated - Dec 16, 2024, 06:52 PM EST
U.S. stocks rose to another all-time high, but a slide in oil prices kept the gains in check by weighing down energy companies.
The S&P 500 rose 0.4% Thursday, setting its third record high this week. The Dow Jones Industrial Average added 0.6%, and the Nasdaq rose 0.6%.
Micron Technology led the way after AI-related demand helped it deliver a stronger-than-expected profit report. Other tech companies also rose. Exxon Mobil, ConocoPhillips and other energy companies fell along with crude prices.
On Thursday: