US Stock Market Performance Analysis: Key Takeaways from Major Indexes on Thursday, 4/18/2024

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U.S. stock indexes experienced a mixed close with the S&P 500 index falling 0.2% on Thursday, marking its fifth consecutive loss – the longest streak since October.
The Dow Jones Industrial Average, however, saw a slight increase of 0.1%, while the Nasdaq composite slipped by 0.5% amidst a varied set of profit reports from major companies.
Despite this, the economy remains stronger than expected with low layoffs and unexpected growth in the mid-Atlantic region’s manufacturing index.

U.S. stock indexes show mixed results amidst stronger-than-expected economic data, with the S&P 500 experiencing its longest losing streak since October.

U.S. Stock Indexes Show Mixed Results

The U.S. stock indexes closed mixed on Thursday, with the S&P 500 index falling 0.2%, marking its fifth consecutive loss. This is the longest such streak the index has experienced since October. On the other hand, the Dow Jones Industrial Average saw a slight increase of 0.1%, while the Nasdaq composite slipped by 0.5% amidst a varied set of profit reports from major companies.

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