Daily Market Report | 05/28/2021
Linh Pollack2021-05-28T10:42:29-07:00Daily Market Report | May 28, 2021 Stocks Climb as Investors Weigh Inflation Data – Wall Street Journal, 5/28/2021 The S&P 500 edged higher in the final trading day of the week, heading toward a fourth consecutive month of gains. The S&P 500 added 0.2% shortly after the opening bell. The tech-heavy Nasdaq Composite gained 0.4%. The Dow Jones Industrial Average gained around 77 points, or 0.2%. The Federal Reserve’s preferred measure of inflation—the price index for personal-consumption expenditure, excluding food and energy—rose 3.1% from a year earlier. A surge in demand after Covid-19 [...]