News Formal

Stock market today: Wall Street opens higher following a 3-week losing streak

  • 📰 SooToday
  • ⏱ Reading Time:
  • 37 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 85%

Brasil Notícia Notícia

Brasil Últimas Notícias,Brasil Manchetes

NEW YORK (AP) — Wall Street is opening higher following a three-week losing streak. The S&P 500 was up 0.5% early Monday, coming off its longest weekly losing streak since September.

NEW YORK — Wall Street is opening higher following a three-week losing streak. The S&P 500 was up 0.5% early Monday, coming off its longest weekly losing streak since September. The Dow Jones Industrial Average was up 165 points, and the Nasdaq composite was up 0.7%. Verizon Communications was supporting the market after reporting stronger profit than analysts expected. That helped offset a drop for Tesla, which announced more cuts to prices over the weekend.

Verizon jumped 3.6% after the telecom giant beat Wall Street's profit targets on strong wireless service growth. A bevy of big names are reporting earnings this week, including PepsiCo, General Motors, Boeing, Ford, Meta, American Airlines and Google parent Alphabet. Fed officials are adamant that they want to see additional proof inflation is heading down toward their 2% target before lowering the Fed’s main interest rate, which is at its highest level since 2001.

In Asian trading, Hong Kong's Hang Seng led the region, gaining 1.8% to 16,511.69. But the Shanghai Composite index shed 0.7% to 3,051.76 after the People's Bank of China kept its 1-year and 5-year loan prime rates unchanged.

 

Obrigado pelo seu comentário. Seu comentário será publicado após ser revisado.
Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

 /  🏆 8. in BR

Brasil Últimas Notícias, Brasil Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

Stock market today: Stock futures pop as Wall Street looks to continue record-setting runA bullish mood is prevailing on Wall Street.
Fonte: YahooFinanceCA - 🏆 47. / 63 Consulte Mais informação »

Stock market today: Asian shares trade mixed after Wall Street closes near record finishTOKYO (AP) — Asian shares were trading mixed on Monday, as investors awaited further indications the Federal Reserve might begin cutting interest rates...
Fonte: YahooFinanceCA - 🏆 47. / 63 Consulte Mais informação »

Stock market today: Asian shares trade mixed after Wall Street closes near record finishTOKYO (AP) — Asian shares were trading mixed on Monday, as investors awaited further indications the Federal Reserve might begin cutting interest rates...
Fonte: YahooFinanceCA - 🏆 47. / 63 Consulte Mais informação »

Stock market today: Wall Street edges lower after setting record highs last weekNEW YORK (AP) — Stocks are ticking lower on Wall Street at the start of what will be a short trading week. The S&P 500 was down 0.2% in early trading Monday. The Dow Jones Industrial Average was off 73 points, and the Nasdaq composite was down 0.
Fonte: SooToday - 🏆 8. / 85 Consulte Mais informação »