How major US stock indexes fared Thursday, 10/17/2024
U.S. stocks ended on a mixed note following the latest signals that the U.S. economy continues to hum
By The Associated Press
Published - Oct 17, 2024, 04:18 PM ET
Last Updated - Dec 16, 2024, 06:14 PM EST
U.S. stocks ended on a mixed note following the latest signals that the U.S. economy continues to hum.
The S&P 500 closed little changed Thursday. The Dow Jones Industrial Average added 0.4% to the all-time high it set the day before, and the Nasdaq composite edged up less than 0.1%.
Nvidia and other companies in the chip industry led the way after global heavyweight TSMC reported bigger profit for the latest quarter than analysts expected. Treasury yields rose in the bond market after reports showed U.S. shoppers spent more at retailers and fewer workers applied for unemployment.
On Thursday: