Stocks Climb to Record Highs as Inflation Worries Ease

February 29, 2024
The S&P 500 and Nasdaq Composite ended at record highs after inflation measure meets expectations.
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Opening Market Update

Jerome Powell will testify to Congress, President Biden will deliver the State of the Union, and February's jobs report comes out Friday, while government shutdown fears linger.

Looking to the Futures

April Natural gas futures (NGJ24) ended Friday’s session lower, as gas storage levels remain well above the five-year average.

Stocks Climb to Fresh All-Time Highs to Close Week

The S&P 500 and Nasdaq Composite posted record highs for second day in a row amid technology strength and easing inflation concern.

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