How major US stock indexes fared Friday, 5/24/2024

U.S. stocks rose in a bounce back from Wall Street’s worst day since April. The S&P 500 gained 0.7% to win back all its losses from earlier in the week. It eked out a fifth straight winning week and is just shy of its record set on Tuesday. The Dow Jones Industrial Average rose by less than 0.1%, and the Nasdaq composite gained 1.1% to top its all-time high set earlier this week. Nvidia climbed again following its blowout profit report earlier this week to help push the market higher. Treasury yields were stable after a better-than-expected report on consumer sentiment.