Investing.com-- The Dow snapped a two-day winning streak Thursday after briefly topping 40,000 for the first ever as investors weighed up a rebound in Treasury yields and a rally in Walmart.), a major dow component, jumped 7% after lifting its guidance following fiscal Q1 results that beat Wall Street estimates on both the top and bottom lines.) surged more than 15% after the apparel maker reported better-than-expected fiscal Q4 results, and talked up the prospect of annual margin improvement.
Treasury yields, however, rebounded from a slump a day earlier as Fed speakers remain cautious and stress the need to monitor further incoming data for signs that inflation is on a sustainable path lower.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Canada Canada Latest News, Canada Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Stock market today: Dow tops 40,000 for the first time as Wall Street drifts higherThe Dow Jones Industrial Average topped the 40,000 level for the first time Thursday, as U.S. stocks drifted higher to add to their records set a day before.
Source: amNewYork - 🏆 336. / 59 Read more »
Stock Market Today: Dow rides broadening out of rally to notch 4th weekly winStock Market Today: Dow rides broadening out of rally to notch 4th weekly win
Source: Investingcom - 🏆 450. / 53 Read more »
Stock Market Today: Dow Falls on Slowing Growth and Sticky InflationSoft economic data and a sell-off in Facebook parent Meta sent the market sharply lower Thursday.
Source: Newsweek - 🏆 468. / 52 Read more »
Stock market today: Japan’s Nikkei leads Asian market retreat as Middle East tensions flareAsian stocks have tumbled, with Japan’s Nikkei slumping 2.4% on heavy selling of semiconductor-related shares and other market heavyweights.
Source: ksatnews - 🏆 442. / 53 Read more »
Stock market today: Japan’s Nikkei leads Asian market retreat as Middle East tensions flareAsian stocks have tumbled, with Japan’s Nikkei slumping 2.4% on heavy selling of semiconductor-related shares and other market heavyweights.
Source: wjxt4 - 🏆 246. / 63 Read more »
Stock market today: Japan’s Nikkei leads Asian market retreat as Middle East tensions flareAsian stocks have tumbled, with Japan’s Nikkei slumping 2.4% on heavy selling of semiconductor-related shares and other market heavyweights. Tensions in the Middle East were weighing on sentiment across the region.
Source: AP - 🏆 728. / 51 Read more »