NEW YORK—Wall Street’s winning streak barreled into a fourth day Thursday following the latest signal that inflation is easing its chokehold on the economy.
The S&P 500 rose 37.88, or 0.8 percent, to 4,510.04 and its highest close since April 2022. The Dow Jones Industrial Average rose 47.71, or 0.1 percent, to 34,395.14, and the Nasdaq composite rallied 219.61, or 1.6 percent, to 14,138.57 as Big Tech stocks led the way.
