News Formal

Stock market today: Wall Street climbs ahead of speech by Fed chief Powell

  • 📰 SooToday
  • ⏱ Reading Time:
  • 33 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 85%

Brasil Notícia Notícia

Brasil Últimas Notícias,Brasil Manchetes

NEW YORK (AP) — Stocks are climbing on Wall Street, but the market’s focus is thousands of miles to the west, where the head of the Federal Reserve is about to give a highly anticipated speech about interest rates. The S&P 500 was 0.

NEW YORK — Stocks are climbing on Wall Street, but the market’s focus is thousands of miles to the west, where the head of the Federal Reserve is about to give a highly anticipated speech about interest rates. The S&P 500 was 0.6% higher Friday, less than a half hour before Fed Chair Jerome Powell is due to speak at a conference in Wyoming. The Dow Jones Industrial Average was up 173 points, and the Nasdaq composite was up 0.7%. Treasury yields were holding steady.

That’s why so much attention is on Jackson Hole, Wyoming, where Powell will speak Friday at an economic symposium that’s been the site of big Fed policy announcements in the past.Workday rose 15% after the human resources software company beat Wall Street's sales and profit targets and issued a strong forecast.

In Europe at midday, France's CAC 40 rose 0.4%, while Germany's DAX gained 0.6%. Britain's FTSE 100 added 0.3%. Japan’s economy was dragged down for years by deflation, a gradual decline in prices that reflects a stagnant economy. The bank ended negative interest rates in March and then raised rates in July.

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
 

Obrigado pelo seu comentário. Seu comentário será publicado após ser revisado.

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: Wall Street weakens ahead of a highly anticipated speechNEW YORK (AP) — U.S. stocks closed lower as Wall Street counted down to its main event for the week, a speech by Federal Reserve Chair Jerome Powell coming up on Friday. The S&P 500 lost 0.9% Thursday, its worst day in more than two weeks.
Fonte: SooToday - 🏆 8. / 85 Consulte Mais informação »

Nvidia stock slips ahead of earnings release as Wall Street reiterates bullish outlookNvidia stock is getting more Wall Street backing ahead of the company's crucial earnings report set for next week.
Fonte: YahooFinanceCA - 🏆 47. / 63 Consulte Mais informação »

Stock market today: Wall Street ticks closer to record heights ahead of a highly anticipated speechNEW YORK (AP) — U.S. stocks are ticking higher Thursday as Wall Street counts down to what’s supposed to be the main event of the week, a speech by Federal Reserve Chair Jerome Powell coming on Friday. The S&P 500 was 0.
Fonte: SooToday - 🏆 8. / 85 Consulte Mais informação »

Stock market today: Wall Street rises after Target and other retailers top profit forecastsNEW YORK (AP) — U.S. stocks are opening higher after more big companies delivered profit reports that topped analysts’ expectations. The S&P 500 rose 0.2% in early Wednesday trading. The Dow Jones Industrial Average added 110 points, or 0.
Fonte: SooToday - 🏆 8. / 85 Consulte Mais informação »