
FILE – A street sign is seen in front of the New York Stock Exchange June 14, 2022. The U.S. stock market experienced a “record-setting rally” on Wednesday. The Associated Press reported the S&P closed 1.2% higher and the Nasdaq composite closed 1.4% higher. (Seth Wenig, Associated Press)
(Seth Wenig, Associated Press)
SALT LAKE CITY — The U.S. stock market experienced a “record-setting rally” on Wednesday. The Associated Press reported the S&P closed 1.2% higher and the Nasdaq composite closed 1.4% higher.
Investors are reportedly energized by the latest report from the U.S. Department of Labor that shows inflation is cooling somewhat across the U.S.
We asked DMBA Certified Financial Planner Gerika Espinoza what these numbers may mean for Utahns. The podcast is below.
Other reading:
- New study says Utah is the most affordable state — and why that’s not necessarily true
- Utah economy healthy, growing stronger, says chief economist
- LISTEN: How the ski industry in Utah impacts the state
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