Dow Closes 575 Points Higher on Friday for Best Day of 2024

May 31, 2024, 08:36 PM

The Dow Jones Industrial Average closed more than 550 points higher on Friday, marking its best day of 2024. This 575-point surge capped off a strong month, with the Dow finishing May up 2.30%. The S&P 500 also performed well, rising 4.82% for the month, while the Nasdaq saw a 6.88% increase, its best month since November 2023. The robust performance in May was driven by gains across various sectors, including basic industries.