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Stock market news for September 27, 2024

Traders work on the floor at the New York Stock Exchange on Aug. 8, 2024.Brendan McDermid | ReutersThe Dow Jones Industrial Average climbed to a fresh record on Friday as traders digested new data that pointed to further progress in lowering inflation. Wall Street also posted three straight positive weeks.The 30-stock Dow added 137.89 points, or…
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Dow gains as Fed’s favored inflation gauge cools

Stocks traded mixed on Friday as investors embraced an inflation report seen as crucial to the Federal Reserve's next decision on interest rate cuts.The S&P 500 (^GSPC) ticked just above the flatline after eking out a third record-high close this week. The Dow Jones Industrial Average (^DJI) gained 0.9%, while the tech-heavy Nasdaq Composite…
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