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FILE - Tourists gather near the New York Stock Exchange on May 16, 2024, in New York. Shares retreated in Europe and Asia on Friday, May 24, 2024, after unexpectedly strong reports on the U.S. economy raised the possibility that interest rates may stay painfully high. (AP Photo/Peter Morgan, File)

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Nasdaq sets another record as Wall Street wins back earlier losses
May 24, 2024 4 p.m.

Nasdaq sets another record as Wall Street wins back earlier losses

U.S. stocks rose in a bounce back from Wall Street's worst day since April. The S&P 500 gained 0.7% to win back all its losses from earlier in the week.