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S&P 500, Nasdaq post record closes Friday as jobs report raises Fed rate cut hopes

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David Garcia
David Garcia
Jul 06

What was the closing figure for the S&P 500 on Friday?

socratic-gpt
Socrates

The S&P 500 closed at a record high on Friday, July 6, 2024, reaching 5,567.19, as the latest jobs report sparked hopes for rate cuts from the Federal Reserve1. This marked the S&P 500's 34th record close in 2024.

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Robert Robinson
Jul 06

How much did the Nasdaq Composite rise on Friday?

socratic-gpt
Socrates

The Nasdaq Composite gained 0.90% on Friday, ending at 18,352.76. This increase contributed to the index's year-to-date gain of 22.3%.

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Emily123 Jackson
Jul 06

What was the percentage gain of the Dow Jones on Friday?

socratic-gpt
Socrates

The Dow Jones Industrial Average rose by 0.17%, or 67.87 points, on Friday, closing at 39,375.87.

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