Stocks climbed to new highs as renewed enthusiasm around artificial intelligence, resilient retail sales, and strong corporate earnings momentum outweighed concerns about elevated energy prices.
Rising market The S&P 500 and the NASDAQ recorded their seventh positive week out of the past eight, with both indexes pushing their record levels higher. The NASDAQ posted a 3.3% total return while the S&P 500 added 1.6%; the Dow was an outlier with a 0.5% decline.
Duncan Williams Asset Management was ranked the top RIA in Memphis by USA Today.
Connect with a local Duncan Williams Asset Management advisor
5350 Poplar Ave. Suite 600Memphis, TN 38119