Stock market today: Wall Street hovers around records ahead of Nvidia earnings and inflation data

📆 8/26/2024 5:32 PM
📰 YahooFinanceCA

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Corporate Earnings,Tame Inflation,Stock Market

NEW YORK (AP) — Wall Street is hovering around record highs at the start of a week featuring another full slate of corporate earnings and the government’s...

NEW YORK — Wall Street is hovering around record highs at the start of a week featuring another full slate of corporate earnings and the government’s latest inflation reading.

Bond yields held relatively steady. The yield on the 10-year Treasury rose to 3.81% from 3.80% late Friday. The Fed has been trying to tame inflation by slowing economic growth, but not by so much that it causes a recession. The dynamics of its concerns have shifted. CONCORD, N.H. — A New Hampshire prosecutor told jurors Monday that a former youth detention center worker “took exactly what he wanted, where he wanted it and when he wanted it” when he repeatedly raped a teenage girl, while his attorney said the accuser concocted the allegations for money.

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