U.S. stock indexes rallied to close out their best week in two months
ByThe Associated Press
January 17, 2025, 4: 17 PM
U.S. stock indexes rallied to close out their best week in two months.
The S&P 500 rose 1% Friday. The Dow Jones Industrial Average climbed 0.8%, and the Nasdaq composite gained 1.5%.
SLB helped lead the market after the provider of oilfield services said it will deliver more cash to its shareholders through dividends and a stock buyback. Big Tech also lifted the market amid hopes the Federal Reserve may cut interest rates later this year. Treasury yields held relatively stead