How major US stock indexes fared Thursday, 5/15/2025
Associated Press
Most U.S. stocks drifted higher following a mixed set of reports on the U.S. economy.
The S&P 500 rose 0.4% Thursday, enough to extend its winning streak to a fourth day and to pull within 3.7% of its record. The Dow Jones Industrial Average added 0.6%, and the Nasdaq composite fell 0.2%.
Stocks got a lift from easing Treasury yields in the bond market. They dropped after reports suggested the Federal Reserve may have more room to cut interest rates later this year if the U.S. economy weakens under the weight of President Donald Trump’s tariffs. Oil prices also sank.
On Thursday:
The S&P 500 rose 24.35 points, or 0.4%, to 5,916.93.
The Dow Jones Industrial Average rose 271.69 points, or 0.6%, to 42,322.75.
The Nasdaq composite fell 34.49 points, or 0.2%, to 19,112.32.
The Russell 2000 index of smaller companies rose 10.89 points, or 0.5%, to 2,094.69.
Wall Street drifts back within 4% of its record after the S&P 500 notches a 4th straight gain
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