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Wall Street hits record high, erasing 2-year slump on inflation, interest rate worries

Wall Street hits record high, erasing 2-year slump on inflation, interest rate worries
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S&P 500 Hits Record, Has Recovered Two-Year Losses

Wall Street returned to record heights Friday to cap a punishing, two-year round trip dogged by high inflation and worries about a recession that seemed inevitable but hasn't.

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Wall Street hits record high after years of inflation worry

Tech stocks helped lead the market as the Nasdaq composite rose 1.7%. The Dow, which set its own record last month, rose 1.1%.

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Stock market record: Wall Street hits new high after 2 years

The S&P 500 rallied 1.2% to surpass its prior all-time high set at the start of 2022. It had dropped as much as 25% from that record.

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Wall Street hits record high following a 2-year round trip scarred by inflation

Stocks rallied on Friday with the broad market S&P 500 index climbing to a record high as investors bet on Fed rate cuts this year as inflation cools.

United statesBrian jacobsenSp dow jonesTaiwan semiconductor manufacturing coTexas instrumentsFederal reserveUniversity of michiganWall streetRich weissAmerican centuryAnnex wealthTaiwan semiconductor manufacturingDow jones industrial averageBig techMeta platforms

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