A furious rally on Wall Street to start 2024 took a breather at the beginning of the final week of the year's first quarter. Futures on the S&P 500 fell 0.4% before the opening bell. The Dow Jones Industrial Average looked to fall a more modest 0.2%, while futures tied to the tech-heavy Nasdaq Composite plopped 0.6% after the index set another record at Friday's close. The S&P and Nasdaq have opened 2024 on a heater, as both indexes are up near 10% to start the year.
The highlight of the week on the economic data front will come on Friday with the release of the Personal Consumption Expenditures price index, which contains the Federal Reserve's preferred "core" PCE inflation measure. Read more: What the Fed rate decision means for your money The Fed helped fuel the market's bull run last week, as the central bank reaffirmed expectations that it will cut rates three times this year while also issuing more bullish forecasts on the economy.
Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:
Switzerland Neuesten Nachrichten, Switzerland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Stock market today: US stocks mixed as Wall Street watches and waitsStocks have lost momentum as investors regroup after the tumultuous run-up last week and as focus sharpens on the health of the US economy.
Herkunft: YahooFinanceCA - 🏆 47. / 63 Weiterlesen »
Stock market today: Stocks retreat as Wall Street weighs hot inflation's impact on FedInvestors are weighing whether two big hot inflation prints will prompt a Fed rethink on rate cuts as its March policy meeting looms.
Herkunft: YahooFinanceCA - 🏆 47. / 63 Weiterlesen »
Stock market today: Wall Street is off to a mixed start after 4 straight gainsNEW YORK (AP) — Stocks are off to a mixed start on Wall Street following four straight gains. The S&P 500 was up less than 0.1% in the first few minutes of trading Friday.
Herkunft: SooToday - 🏆 8. / 85 Weiterlesen »
Stock market today: Wall Street pulls back from its record after a shaky dayNEW YORK (AP) — Wall Street pulled back from its record heights following a shaky day of trading, putting at least a temporary halt to its huge rally since Halloween. The S&P 500 slipped 0.7% Friday from its all-time high.
Herkunft: SooToday - 🏆 8. / 85 Weiterlesen »
Stock market today: Wall Street drifts near its records amid a worldwide market lullNEW YORK (AP) — Stocks are drifting around their records on Wall Street, as a lull carries through financial markets worldwide. The S&P 500 was little changed in early trading Wednesday, a day after setting an all-time high.
Herkunft: SooToday - 🏆 8. / 85 Weiterlesen »