How major US stock indexes fared Friday, 5/10/2024

U.S. stocks coasted to the close of another winning week with a quiet, mixed finish. The S&P 500 rose 0.2% Friday. The Dow Jones Industrial Average gained 0.3%, and the Nasdaq composite edged down by less than 0.1%. A lengthening parade of strong profit reports from Gen Digital and other companies helped support the market. Stocks had been on track for bigger gains in the morning but regressed following a discouraging report on U.S. consumer sentiment. The report suggested U.S. households are raising their expectations for inflation.