Stock market today: Wall Street drifts around its records in early trading

NEW YORK — U.S. stocks are drifting around their records ahead of a week that could cement expectations for a coming cut to interest rates by the Federal Reserve. The S&P 500 slipped 0.1% in early trading Monday, coming off its 57th all-time high of the year so far. The Dow Jones Industrial Average edged up 37 points, and the Nasdaq composite was flat. Nvidia fell following reports that China is probing it for potential antitrust violations.

That added to uncertainty in a region fraught with conflict. U.S. benchmark crude oil jumped 84 cents to $68.04 per barrel in electronic trading on the New York Mercantile Exchange.There was little in the way of corporate news early Monday with earnings season mostly wrapped up heading into the holidays and new year.

Shares of The Interpublic Group of Companies soared 14.8% after the advertising company announced that it was being acquired by another industry giant, Omnicom. The all-stock deal is expected to close in the second half of 2025. Omnicom shares fell close to 3% before the bell Monday. Hong Kong shares bounced higher after top Chinese leaders met and agreed on a “moderately loose” monetary policy, shifting away from a more cautious “prudent” stance for the first time in 10 years.

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Stock market today: Wall Street rolls higher as bitcoin bounces above $82,000NEW YORK (AP) — U.S. stocks are adding to the gains made during their best week of the year. The S&P 500 was up 0.3% early Monday, coming off a 4.
Source: SooToday - 🏆 8. / 85 Read more »

Stock market today: Wall Street rolls higher as bitcoin bursts above $87,000NEW YORK (AP) — U.S. stocks rose Monday, led by those seen as benefiting the most from Donald Trump’s reelection as president, but drops for some high-profile Big Tech stocks kept indexes in check. The S&P 500 edged up by 0.
Source: SooToday - 🏆 8. / 85 Read more »

Stock market today: Wall Street drifts as the 'Trump trade' loses steamNEW YORK (AP) — U.S. stocks are drifting as momentum comes out of the “Trump trade” that swept Wall Street following Donald Trump’s presidential victory. The S&P 500 was flat early Tuesday, coming off its latest all-time high.
Source: SooToday - 🏆 8. / 85 Read more »

Stock market today: Wall Street drifts as the Trump trade coolsU.S. stocks are drifting Tuesday as some momentum comes out of the torrid 'Trump trade' that swept Wall Street following Donald Trump's presidential victory.
Source: CTVNews - 🏆 1. / 99 Read more »

Stock market today: Wall Street edges lower as the Trump trade coolsNEW YORK (AP) — U.S. stocks edged lower as momentum came out of the torrid “Trump trade” that swept Wall Street following Donald Trump’s presidential victory. The S&P 500 slipped 0.3% Tuesday, coming off its latest record.
Source: SooToday - 🏆 8. / 85 Read more »