Wall Street rallies, snaps longest weekly losing streak in decades - Moneycontrol

5/27/2022 12:00:00 AM2 years 11 months ago
by Reuters

The Dow Jones Industrial Average rose 575.77 points, or 1.76%, to 33,212.96, the S&P 500 gained 100.4 points, or 2.47%, to 4,158.24 and the Nasdaq Composite added 390.48 points, or 3.33%, to 12,131.13.

Wall Street closed sharply higher on Friday as signs of peaking inflation and consumer resiliency sent investors into the long holiday weekend with growing optimism that the Federal Reserve will be a… [+3565 chars]

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Wall Street rallies, snaps longest weekly losing streak in decades - Moneycontrol

The Dow Jones Industrial Average rose 575.77 points, or 1.76%, to 33,212.96, the S&amp;P 500 gained 100.4 points, or 2.47%, to 4,158.24 and the Nasdaq Composite added 390.48 points, or 3.33%, to 12,131.13.

The Dow Jones Industrial Average rose 575.77 points, or 1.76%, to 33,212.96, the S&P 500 gained 100.4 points, or 2.47%, to 4,158.24 and the Nasdaq Composite added 390.48 points, or 3.33%, to 12,131.13.