Stock market today: S&P 500 little changed after Tesla's China gambit in big week for markets

Stocks gave up earlier gains to hug the flatline Monday as bond yields rose, kicking off a big week filled with a Federal Reserve rate decision, the monthly jobs report, and earnings from more "Magnificent Seven" tech heavyweights. The S&P 500 briefly fell into negative territory after gaining as much as 0.4%. The tech-heavy Nasdaq Composite was little changed after gaining as much as 0.5% as Tesla shares surged amid upbeat China news.

While the central bank is expected to hold rates steady at a 23-year high, debate is raging over the timing and even likelihood of a cut in 2024. In focus is whether Fed policymakers will backtrack on their earlier projection for a significant easing in borrowing costs. Traders have already scaled back their bets, and the April jobs report that rounds off the week could move the needle again.

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Stock market today: S&P 500 futures gain after Tesla's China gambitTesla is providing a boost ahead of a big week filled with a Fed rate decision, the monthly jobs report, and more Big Tech earnings.
La source: YahooFinanceCA - 🏆 47. / 63 Lire la suite »

Stock market today: S&P 500 gains after Tesla's China gambit in big week for marketsTesla is providing a boost ahead of a big week filled with a Fed rate decision, the monthly jobs report, and more Big Tech earnings.
La source: YahooFinanceCA - 🏆 47. / 63 Lire la suite »

Stock market today: S&P 500, Nasdaq notch big gains with Tesla earnings on deckThe wait for Tesla results is on as investors look to Big Tech earnings to buoy stocks.
La source: YahooFinanceCA - 🏆 47. / 63 Lire la suite »

Stock market today: S&P 500, Nasdaq notch big gains as Tesla kicks off 'Magnificent 7' earningsThe wait for Tesla results is on as investors look to Big Tech earnings to buoy stocks.
La source: YahooFinanceCA - 🏆 47. / 63 Lire la suite »

Stock market today: S&P 500 futures rise with focus on earningsInvestors have put rate-cut worries on the backburner to focus on earnings season instead.
La source: YahooFinanceCA - 🏆 47. / 63 Lire la suite »

Stock market today: S&P 500 slides for 5th-straight dayInvestors are counting down to earnings from Netflix, the first of the 'Magnificent' group of companies to report.
La source: YahooFinanceCA - 🏆 47. / 63 Lire la suite »