Equities end flat but Dow ekes out record in strong week
- Posted on September 21, 2024
- By Business News Today
- 1 Views
Equities end flat but Dow ekes out record in strong week
U.S. stocks closed nearly unchanged on Friday after a strong rally fueled by the Federal Reserve's interest-rate cut. The Dow hit a record high, supported by Nike's gains. Major averages secured weekly gains of at least 1%. Utilities surged, while FedEx plunged after lowering its revenue forecast.
