#stocks #inflation #YahooFinance #recession #bitcoin #Biden #Stockmarket #coronavirus #memestocks #Fed #YahooFinance #investing #stockmarket #crypto

Stocks traded mostly in the green on Friday afternoon, pointing to another record-setting session as investors applauded a revision of December inflation data that showed it was even lower than first reported.

The S&P 500 (^GSPC) rose 0.3% after Thursday's hard-won record close put the benchmark within three points of ending above 5,000 for the first time. The Dow Jones Industrial Average (^DJI) slipped roughly 0.4% or 140 points, while tech-heavy Nasdaq Composite (^IXIC) led the way higher, gaining 0.9%.

A stream of well-received quarterly earnings has buoyed stocks in a week thin on economic updates, which have been driving shifts in direction thanks to their importance to the Federal Reserve's thinking on policy.

For more on this article, please visit:
https://finance.yahoo.com/news/stock-market-today-stocks-edge-higher-as-sp-500-bids-to-close-above-5000-122304764.html

To get the latest market news check out finance.yahoo.com