| May 18th, 2023 4:19 PM
How major US stock indexes fared Thursday 5/18/2023
Stocks rallied into the close on Wall Street, pushing the S&P 500 up 0.9%, as several companies reported better-than-expected results. The Nasdaq composite led the market with a 1.5% gain Thursday, while the Dow Jones Industrial Average lagged with a gain of 0.3%. Bond yields rose after a Federal Reserve official cautioned the end to its interest-rate hikes may not come as soon as markets had hoped.