Stock market today: Stocks rise as big bank earnings roll in

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 21 sec. here
  • 4 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 63%

Earnings Reports Nouvelles

Nasdaq Composite,Jpmorgan Chase

Investors are bracing for Wall Street banks to kick off earnings season as they debate how deep the Fed could cut rates.

US stocks rebounded Friday after a tech-driven sell-off as investors assessed earnings reports from big Wall Street banks and clung to rate-cut hopes. The S&P 500 gained 0.9%, just off the benchmark's recent record high. The Dow Jones Industrial Average rose 0.9% and the tech-heavy Nasdaq Composite added on about 1%.

At the same time, the market is weighing the shift from this year's winners, Nvidia and the "Magnificent Seven" techs — which just booked their worst day in almost a year — to the likes of utilities and real estate stocks. Thursday's rotation out of techs came as investors took June's surprisingly mild consumer inflation print as reason for the Federal Reserve to cut rates.

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 47. in BE
 

Merci pour votre commentaire. Votre commentaire sera publié après examen.

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: US stocks edge lower as investors watch for cuesInvestors are wondering whether the recent rough ride for stocks is a sign of a coming retreat.
La source: YahooFinanceCA - 🏆 47. / 63 Lire la suite »

Stock market today: Asian stocks are mixed after Wall Street edges to more recordsHONG KONG (AP) — Asian stocks were mixed on Wednesday after U.S. benchmarks ticked to more records following the latest signs that the U.S. economy may be...
La source: YahooFinanceCA - 🏆 47. / 63 Lire la suite »

Stock market today: Nvidia climbs to Wall Street's mountaintop as stocks broadly driftNEW YORK (AP) — U.S. stocks edged up to more records following the latest signal that the economy’s growth may be slowing without cratering, while Nvidia continued its rocket ride upward to become Wall Street’s most valuable company.
La source: SooToday - 🏆 8. / 85 Lire la suite »

Stock market today: Wall Street rallies to more records as big tech stocks keep soaringNEW YORK (AP) — U.S. stocks rallied to more records as gains for technology companies keep pushing the market higher. The S&P 500 rose 0.8% Monday, beating the all-time high it set on Thursday.
La source: SooToday - 🏆 8. / 85 Lire la suite »

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.
La source: SooToday - 🏆 8. / 85 Lire la suite »

Stock market today: Asian stocks mixed with volatile yen after Wall Street rises on inflation reportHONG KONG (AP) — Asian stocks were mixed Friday, with the Japanese yen losing some of its gains after the latest U.S. update on inflation bolstered Wall...
La source: YahooFinanceCA - 🏆 47. / 63 Lire la suite »