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The nasdaq notched its first record close in more than two years after a key inflation reading came in as expected. Stocks making the biggest moves midday:
March 1, 2024 At 6:15 Am Est.
Us stocks soared higher on wednesday after a key inflation index showed that annual inflation is slowing, surprising analysts who expected worse news.
From Cnn Business' Nicole Goodkind.
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The S&Amp;P 500 Fell 3% And The Nasdaq Was Down 3.9%, Wiping Out Last Week's Gains.
All three major averages notched healthy gains this week, with the s&p 500 rising about 2.3%.