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U.S. stocks edge higher as Dow gains 20.51 points

  • U.S. stocks closed higher on October 1.
  • The Dow gained 20.51 points to 50,926.56, while the Nasdaq rose 10.54 points.
  • Buying initially reflected optimism over cooling inflation before the market briefly turned lower.

U.S. stocks closed modestly higher on October 1, with the Dow Jones Industrial Average rising 20.51 points to 50,926.56 and the tech-heavy Nasdaq Composite Index adding 10.54 points to 26,871.60. Buying initially reflected optimism over cooling inflation, although the market briefly moved lower during the session.

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