The S&P 500 ended Friday at a closing record high of 4,280.70, while the Dow rose 237.02 points and sits less than 2% from its record. While the Nasdaq Composite closed just lower on Friday, it added 2.35% for the week, its best since April 9 and is up 4.45% for the month of June.
The weekly gains came even after the Commerce Department reported that its inflation indicator rose 3.4% in May, the fastest increase since the early 1990s.
Spikes in the core personal consumption expenditures price index can cause heartburn for investors since the Federal Reserve likes to watch it for signs of inflation. Still, the rise actually undershot what economists polled by Dow Jones had forecast and reinforced for investors that the economy-wide price increases are likely to be transient and manageable.
benefits even in the fact that their schools get enormous benefits from their play. they don t get much and that s been the issue here. so it s a loss for the ncaa. you look at for example the pay for coaches for ncaa tools, d1 schools that has come up. pull on this thread. i want to be clear. it s not cash. it s not about whether or not athletes can get cash for playing but it is benefits in some way and is this not a little bit of opening the door to the potential for athletes to get paid down the road which is working on a separate track with the name and image likeness discussion happening on the legislative side. these benefits were educationally related, academic. not athletic. this was unrelated to athletics or it was related to education, to classes, to academics.