Published: Jun 16, 2024, 05:40 IST | Updated: Jun 16, 2024, 05:40 IST
This past week, US markets closed with mixed results amid economic data indicating easing inflation pressures. The S&P 500 edged up to achieve its fourth consecutive record close. The Nasdaq composite also set a record high, marking its fifth straight all-time closing high. However, the dow jones industrial average slipped. The week saw the nasdaq posting its largest weekly gain since late April, bolstered by optimism over tech stocks.