LISTEN: Utah analyst on stock market highs
May 15, 2024, 3:08 PM | Updated: 3:38 pm
(Seth Wenig, Associated Press)
SALT LAKE CITY — The U.S. stock market experienced a “record-setting rally” on Wednesday. The Associated Press reported the S&P closed 1.2% higher and the Nasdaq composite closed 1.4% higher.
Investors are reportedly energized by the latest report from the U.S. Department of Labor that shows inflation is cooling somewhat across the U.S.
We asked DMBA Certified Financial Planner Gerika Espinoza what these numbers may mean for Utahns. The podcast is below.