Dow closes more than 570 points higher to post best day in 2024, stocks wrap a winning May: Live updates
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The Dow Jones Industrial Average jumped 574.84 points, or 1.51%, to 38,686.32, lifted by Apple's respective advances of 7.5% and 2.8%. The S&P 500 added 0.80% to 5,277.51. The Nasdaq Composite ticked lower by 0.01% to 16,735.02, as Amazon and a few other megacap technology stocks took a hit. The S&P 500 and Nasdaq snapped five-week win streaks with slides of 0.51% and 1.1%, respectively. The blue-chip Dow slipped 0.98%, marking a second straight week of losses. Despite the tough week, it was a winning May, with each of the major benchmarks registering a sixth positive month in seven. The Dow added 2.3% this month, while the S&P 500 rose 4.8%. The Nasdaq gained 6.88%, notching its best month going back to November.
https://www.cnbc.com/2024/05/30/stock-market-today-live-updates.html