After an early tech-led rebound, U.S. stocks faded into the close Friday as caution took hold ahead of key economic data releases and growing doubts about a December Fed rate cut.
S&P 500 and Dow records Major U.S. stock indexes added to the previous week’s gains, and a rally on Friday pushed the S&P 500 to a level that broke its previous all-time closing high set on January 3, 2022. The Dow topped a record that it had set 17 days earlier. The latest gains marked the 11th positive week out of the past 12.
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