S&P 500 EKES OUT NARROW GAIN AS INVESTORS SHAKE OFF FED’S INFLATION WARNING
The S&P 500 gained slightly by 0.16%, closing at 5,918.25.
The Nasdaq Composite dropped 0.06%, ending at 19,478.88.
The Dow Jones increased by 106.84 points (0.25%) to 42,635.20.
Investors are considering the possibility of future rate cuts from the Federal Reserve despite inflation concerns.
All three major indexes are heading for a second consecutive weekly loss.
