Xinhua/Wang Ying/ Getty Images US stocks were mostly higher on Friday, with the Dow notching its eighth straight winning day. The strong gains in May come ahead of a key CPI report, set to be released on Wednesday. Fed speakers throughout the day struck a slightly hawkish tone. US stocks traded higher on Friday, securing an eight-day winning streak for the Dow Jones Industrial Average.The gains came despite hawkish comments from two Federal Reserve officials on Friday.
Stock Market Today: Dow Hits 8-day Winning Streak Ahead Of Key Inflation Report
mfox@businessinsider.com (Matthew Fox), Business Insider
Fri, 05/10/2024 - 1:04pm
Topics: xinhua/wang ying getty images dow jones industrial federal reserve fed governor michelle bowman fed president lorie logan fundstrat's tom lee may."this april cpi s&p wall street southern stanley druckenmiller evs pro west texas intermediate the treasury 662 read business insider cpi fed us jones industrial average s&p fundstrat april lee stock market today key winning streak inflation report higher friday home cuts rate interest prices data beat median estimates gains crude hawkish wednesday declined barrel
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