Epic Research

Saturday, April 27, 2019

S&P, Nasdaq notch record closes from GDP, earnings boost

The DowJones Industrial Average rose 81.25 points, or 0.31 percent, to 26,543.33, the S&P 500 gained 13.71 points, or 0.47 percent, to 2,939.88 and the Nasdaq Composite added 27.72 points, or 0.34 percent, to 8,146.40.

A surprisingly strong report card on the US economy helped power the benchmark S&P 500 and Nasdaq Composite indexes to record high closes on Friday, capping a week of gains for stocks that came largely on the back of resilient corporate profits.

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