
The S&P 500 Index ($SPX) (SPY) Friday closed up +0.78%, the Dow Jones Industrials Index ($DOWI) (DIA) closed up +0.47%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed up +0.95%. September E-mini S&P futures (ESU25) rose +0.84%, and September E-mini Nasdaq futures (NQU25) rose +1.05%.
Stock indexes settled higher on Friday, with the S&P 50 posting a 1-week high and the Nasdaq 100 setting a new record high. Stocks are supported by robust corporate earnings results and hopes that the Fed will soon cut interest rates to support the economy.