Published on 30 May 2023 on Zacks via Yahoo Finance
Stock Market News for May 30, 2023
Wall Street closed sharply higher on Friday as investors grew hopeful about the lawmakers reaching a deal to raise the U.S. debt ceiling and avoiding a potential crisis. The rally was driven by tech stocks. All three major indexes ended in positive territory.
How Did The Benchmarks Perform?
The Dow Jones Industrial Average (DJI) jumped 1% or 328.69 points to finish at 33,093.34 points, ending its five-day losing streak.