S&P 500 rises to new record as Nvidia powers chip stocks higher 10/17/24

Stocks are higher after getting a boost from semiconductor names, while strong economic data eased lingering fears of a potential recession.September’s retail sales figures showed that consumer spending was still robust, with monthly spending increased by 0.4%, while the Dow Jones consensus estimate called for 0.3%We’ll tell you what it all means for you and your money. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.