Stocks in the US finished a volatile session flat on Friday, as traders digest the latest economic data and assess the future path of the US monetary policy. All the major indexes ended near the flatline, halting a 9-week win streak, with the Nasdaq 100 booking its six-day of losses. Fresh data showed that in December the US economy added 216K payrolls, way above estimates of 170K, while wages accelerated to lift Treasury yields and scale back the extent of rate cuts projected by the Fed this year. Among stocks, Nvidia and AMD shares pulled through the volatility to add over 1.8% each. Airlines rebounded for a second day in a row, breaking a seven-day losing streak, following the Japan Airlines crash in Tokyo. American Airlines, Delta and United gained over 3.1%. Conversely, healthcare shares underperformed, with a 1.5% decline for United Health. The S&P and the Nasdaq wrapped up the week 1.8% and 3.8% lower, respectively, and the Dow Jones lost 0.7%.
The main stock market index in the United States (US500) decreased 73 points or 1.52% since the beginning of 2024, according to trading on a contract for difference (CFD) that tracks this benchmark index from United States. Historically, the United States Stock Market Index reached an all time high of 4818.62 in January of 2022. United States Stock Market Index - data, forecasts, historical chart - was last updated on January 6 of 2024.
The main stock market index in the United States (US500) decreased 73 points or 1.52% since the beginning of 2024, according to trading on a contract for difference (CFD) that tracks this benchmark index from United States. The United States Stock Market Index is expected to trade at 4633.30 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 4342.12 in 12 months time.
United States Stock Market Index
The Standard and Poor's 500, or S&P 500, is one of the most closely watched U.S. benchmark indices. The S&P 500 is a stock market index tracking the stock performance of 500 of the largest companies listed on stock exchanges in the United States.
Actual | Previous | Highest | Lowest | Dates | Unit | Frequency | ||
---|---|---|---|---|---|---|---|---|
4697.24 | 4688.68 | 4818.62 | 4.40 | 1928 - 2024 | points | Daily |
Market Data Coverage: United States