Investor hopes for a soft landing for the U.S. economy will be tested next week with the release of key labor market data. The S&P 500 index is up 20% year-to-date, driven by rate cuts and hopes of controlled inflation. The upcoming jobs report could influence future Federal Reserve decisions.
US stocks today: S&P 500 and Nasdaq hit record closing highs as US and Iran agree to extend ceasefire
The S&P 500 and Nasdaq hit record closing highs as hopes of a US Iran ceasefire extension boosted sentiment. Investors also digested US inflation rising