Stock market today: Stock futures edge higher after biggest wipeout for Dow in a year

Renewed interest rate concerns fueled Thursday's rout, led by the Dow's more than 600-point decline. A roaring mood turned sour afterTraders are about evenly split on whether the central bank will slash rates at its September meeting, according to the. That marks a significant shift from a few days ago, when only around one-third expected the Fed to hold steady through the fall's first meeting.

On the macroeconomic front Friday is a revised look at the University of Michigan's consumer sentiment index for May. An1 Magnificent TSX Dividend Stock Down 9% to Buy and Hold Forever A high-yield TSX dividend stock is a buying opportunity for long-term investors. The post 1 Magnificent TSX Dividend Stock Down 9% to Buy and Hold Forever appeared first on The Motley Fool Canada. -- Canada’s banking watchdog warned that many homeowners who took out mortgages when rates were near zero during the pandemic will soon face a reckoning as those loans renew.

Consumer staples stocks are a core part of a diversified portfolio. Here are some of the best stocks to consider now! The post Best Stocks to Buy in May 2024: TSX Consumer Staples Sector appeared first on The Motley Fool Canada.

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Stock market today: Nasdaq touches new record, Dow tries to top 40,000 againInvestors are bracing for Fed minutes and Nvidia earnings in coming days that could test the recent rally in stocks.
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Stock market today: US futures tilt higher after Dow closes above 40,000 for first timeInvestors are bracing for Fed minutes and Nvidia earnings in coming days that could test the recent rally in stocks.
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Stock market today: Dow finishes above 40,000 to cap Wall Street's latest winning weekThe Dow Jones Industrial Average finished a day above the 40,000 level for the first time on Friday as U.S. stock indexes drifted around their records while closing out their latest winning week.
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Stock market today: Wall Street drifts higher; Dow has its first close above 40,000The Dow Jones Industrial Average rose 0.3 per cent to close above 40,000 points for the first time on Friday.
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