Dow Sets New Record as Wall Street Looks Ahead to Next Challenge
U.S. stocks finished higher on Friday, with after-hours Reuters/LSEG data showing the Dow Jones Industrial Average setting a new record. Investors jumped in on hopes around U.S.-Iran talks and upbeat earnings. The Dow gained 428.65 points, or 0.86%, to close at 50,714.31. The S&P 500 rose 45.82 points, or 0.62%, to 7,491.54. The Nasdaq Composite increased 130.07 points, or 0.50%, to 26,423.17. James St. Aubin, chief investment officer at Ocean Park Asset Management, called the market backdrop “really solid.”
