Stock Market Update
15-May-25 15:05 ET
Stocks build on May gains
Dow +244.19
at 42295.25,
Nasdaq -42.20
at 19104.61,
S&P +21.42
at 5914.00
[BRIEFING.COM] The major equity indices are sitting on big gains this week, adding to a winning start to May.
The Dow Jones Industrial Average is 2.6% higher than last Friday, and 4.0% higher since April. The S&P 500 sports a 4.5% gain this week, and a 6.2% gain since the start of the month. The Nasdaq Composite is 6.5% higher than Friday's close, and 9.5% higher than its final April close.
Many stocks have participated in the gains this week and month, aided by increased buying in mega caps. The Vanguard Mega Cap Growth ETF (MGK) is 9.5% higher in May and the equal-weighted S&P 500 is 5.3% higher in May.
