NEW YORK — U.S. stocks are nearing their records after data suggested the job market remains solid enough to keep the economy going, but not so strong that it raises immediate worries about inflation. The S&P 500 added 0.3% Friday and was just above its all-time high set on Wednesday. The Dow Jones Industrial Average rose 92 points, and the Nasdaq composite climbed 0.3%.
Ulta Beauty, the mall-based makeup and skin care retailer, climbed more than 11% after it posted strong third-quarter earnings, including profits that easily beat analysts' projections. The U.S. labor market and broader economy have held up better than most economists expected in an era of elevated interest rates. Layoffs are low and job openings remain plentiful.
In Europe at midday, France’s CAC 40 surged 1.5% after French President Emmanuel Macron announced that he plans to stay in office until the end of his term and to name a new prime minister within days.
Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:
Österreich Neuesten Nachrichten, Österreich Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Stock market today: Most of Wall Street rises after the Fed cuts interest ratesNEW YORK (AP) — Most U.S. stocks rose as the Federal Reserve cut interest rates again to make things easier for the economy. The S&P 500 climbed 0.7% Thursday.
Herkunft: SooToday - 🏆 8. / 85 Weiterlesen »
Stock market today: Wall Street cruises toward the close of its best week in a yearNEW YORK (AP) — U.S. stocks are coasting to the close of their best week in a year with some modest moves. The S&P 500 rose 0.1% early Friday and was on track for its biggest weekly gain since early November 2023.
Herkunft: SooToday - 🏆 8. / 85 Weiterlesen »
Stock market today: Wall Street rolls higher as bitcoin bounces above $82,000NEW YORK (AP) — U.S. stocks are adding to the gains made during their best week of the year. The S&P 500 was up 0.3% early Monday, coming off a 4.
Herkunft: SooToday - 🏆 8. / 85 Weiterlesen »
Stock market today: Wall Street rolls higher as bitcoin bursts above $87,000NEW YORK (AP) — U.S. stocks rose Monday, led by those seen as benefiting the most from Donald Trump’s reelection as president, but drops for some high-profile Big Tech stocks kept indexes in check. The S&P 500 edged up by 0.
Herkunft: SooToday - 🏆 8. / 85 Weiterlesen »
Stock market today: Wall Street drifts as the 'Trump trade' loses steamNEW YORK (AP) — U.S. stocks are drifting as momentum comes out of the “Trump trade” that swept Wall Street following Donald Trump’s presidential victory. The S&P 500 was flat early Tuesday, coming off its latest all-time high.
Herkunft: SooToday - 🏆 8. / 85 Weiterlesen »
Stock market today: Wall Street drifts as the Trump trade coolsU.S. stocks are drifting Tuesday as some momentum comes out of the torrid 'Trump trade' that swept Wall Street following Donald Trump's presidential victory.
Herkunft: CTVNews - 🏆 1. / 99 Weiterlesen »