Economy

How major United States stock indexes fared on Friday

How major United States stock indexes fared on Friday

Indexes including the S&P 500 are a guide for trillions of dollars of capital worldwide, including index-tracking, exchange-traded funds (ETFs). For 2018, the major averages are up at least 3.5 percent entering Friday's session.

"The most important dynamic to focus on in the market is growth", said Sandip Bhagat, chief investment officer at Whittier Trust.

The S&P 500 is up 112.63 points, or 4.2 percent. The Nasdaq Composite Index's more than 5% advance so far this month, marks the best start to a year since 2004.

Recent data suggests the USA economy is picking up steam. The Dow Jones Industrial Average rose by 29 percent last year and the broader S&P 500 rose 22 percent, rare and breath-taking gains that simply can not be repeated every year.

More news: The Latest SeaWorld Entertainment, Inc. (SEAS) Insider Trading Activity

Treasury yields ticked higher following the data release.

The Dow is up 507.32 points, or 2 percent. "It's possible these changes will result in lower ad load in the News Feed".

Advanced Micro Devices fell 2.66 percent after the chipmaker said its microprocessors are prone to both variants of the Spectre security flaw, days after saying its risk for one of them was "near zero".


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