- Reuters
US STOCKS-Wall St mixed but set for weekly gains ahead of inflation data
U.S. stock indexes were mixed on Friday, but looked on track for weekly gains ahead of key inflation readings next week that could provide more clues on how soon the Federal Reserve will start cutting interest rates. Recent data indicating a cooling U.S. labor market and a much better-than-expected earnings season have put the benchmark S&P 500 and the tech-heavy Nasdaq Composite on track for their third consecutive week of gains. Meanwhile, the Dow Jones Industrial Average rose for an eighth straight session, its longest daily winning run since December, and was set for a fourth week of gains.
- Investor's Business Daily
Dow Jones Rallies 100 Points, Led By McDonald's, 3M; Tech Giants Micron, Broadcom, Nvidia Show Strength
The Nasdaq composite faded off highs in the stock market today, but TSMC held a bullish gain after reporting strong sales in April.
- Zacks
Dropbox (DBX) Q1 Earnings Beat Estimates, Revenues Up Y/Y
Dropbox's (DBX) first-quarter 2024 results benefit from an increase in average revenue per paying user.
