U.S. stocks rose to more records Friday after a highly anticipated report on the job market bolstered Wall Street’s hopes that interest rates may soon get easier. The S&P 500 climbed 0.5% to set an all-time high for a third straight day following Thursday’s pause in trading for the Fourth of July holiday. The index has already set 34 records and climbed close to 17% this year, which is only a little more than halfway done. The Dow Jones Industrial Average rose 67 points, or 0.
services and manufacturing sectors contracted last month, turning in weaker readings than economists expected. And U.S. shoppers at the lower end of the income spectrum have been showing how difficult it is to keep up with still-rising prices, as balances owed on credit cards swell. “What matters for long-term investors is whether fears of a recession become a reality,” said Brian Jacobsen, chief economist at Annex Wealth Management.
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:
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Stock Trader Answers Stock Market Questions From TwitterFormer Wall Street stock trader Lance Breitstein answers your most asked stock market questions from Twitter.
Herkunft: WIRED - 🏆 555. / 51 Weiterlesen »
Stock market today: Wall Street hits records as a slowing economy boosts hopes for lower ratesWall Street's record-breaking rally kept going after weak reports on the economy kept the door open for possible cuts to interest rates.
Herkunft: latimes - 🏆 11. / 82 Weiterlesen »
Stock market today: Most of Wall Street rises, but Nvidia tumbles again as AI mania coolsAnother slide for Wall Street heavyweight Nvidia kept U.S. indexes mixed, even as the majority of stocks rallied.
Herkunft: latimes - 🏆 11. / 82 Weiterlesen »
Stock market today: Asian shares lower after Wall Street closes another winning weekAsian shares are mostly lower after U.S. stocks coasted to the close of their latest winning week on Friday, even as Nvidia’s stock cooled further from its startling, supernova run.
Herkunft: wjxt4 - 🏆 246. / 63 Weiterlesen »
Stock market today: Asian shares lower after Wall Street closes another winning weekAsian shares are mostly lower after U.S. stocks coasted to the close of their latest winning week on Friday, even as Nvidia’s stock cooled further from its startling, supernova run.
Herkunft: ksatnews - 🏆 442. / 53 Weiterlesen »
Stock market today: Asian shares lower after Wall Street closes another winning weekAsian shares are mostly lower after U.S. stocks coasted to the close of their latest winning week on Friday, even as Nvidia’s stock cooled further from its startling, supernova run. U.S. futures and oil prices dropped. The yen weakened to 159.93 per dollar during morning trading. The S&P 500 slipped 0.
Herkunft: AP - 🏆 728. / 51 Weiterlesen »