Wall Street eyes PCE data, Bitcoin slumps: Yahoo Finance

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Stocks (^DJI, ^IXIC, ^GSPC) open the week mixed, with investors looking ahead to Friday's PCE report for clues about possible Federal Reserve rate cuts...

Stocks open the week mixed, with investors looking ahead to Friday's PCE report for clues about possible Federal Reserve rate cuts. Cryptocurrencies continue to face pressure, as Bitcoin extends its losses following a challenging week. Apple is confronting legal challenges as the European Commission has been alleging violations of new regulatory standards. Finally, the upcoming presidential debate on Thursday is also drawing market attention.

These Stocks Are Moving the Most Today: Apple, Meta, Trump Media, RXO, Eli Lilly, ResMed, Under Armour, and More Stocks are in the midst of a decade-long bull market that will take the S&P 500 more than 40% higher, Ed Yardeni predicted.Nvidia has signed a deal to deploy its artificial intelligence technology at data centres owned by Qatari telecoms group Ooredoo in five Middle Eastern countries, Ooredoo's CEO told Reuters. The agreement marks Nvidia's first large-scale launch in a region to which Washington has curbed the export of sophisticated U.S.

 

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Stock market today: Wall Street drifts to a mixed close after European stocks slump againNEW YORK (AP) — U.S. stocks drifted to a mixed close as caution crept into financial markets heading into the weekend. The S&P 500 slipped less than 0.1% Friday after setting an all-time high every other day this week.
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