US stocks lost steam in mid-morning trading on Friday after consumer sentiment hit a six-month low. The Dow Jones Industrial Average , which is eyeing its eighth straight win, clung to gains of roughly 0.2%, with the benchmark S&P 500 hovering above the flatline on the heels of closing above 5,200 for the first time in a month. The tech-heavy Nasdaq Composite declined around 0.1%.
The drop in sentiment comes as investors debate the future of interest rate cuts amid recent signs of a cooling labor market. Read more: How does the labor market affect inflation? Given that, investors will listen closely to speeches from a packed lineup of Fed speakers on Friday for more insight into timing, pace, and chance of an easing in policy. Michelle Bowman, Neel Kashkari, and Austan Goolsbee are among those scheduled to appear.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Stock market today: US futures tip lower as investors look for inspirationStocks have lost their bounce after a growing chorus of Federal Reserve officials made it clear that interest rates will need to stay higher for longer.
La source: YahooFinanceCA - 🏆 47. / 63 Lire la suite »
Stock market today: Asian benchmarks mostly slide as investors focus on earningsTOKYO (AP) — Asian shares mostly declined Thursday as investors awaited a flood of global earnings reports, including updates from U.S. tech companies known ...
La source: YahooFinanceCA - 🏆 47. / 63 Lire la suite »
Stock market today: Stocks waver as investors shake off Mideast tensions, focus on earningsWorries over the fallout from Iran's attack on Israel eased, allowing focus to return to earnings season and inflation risks to rate-cut hopes.
La source: YahooFinanceCA - 🏆 47. / 63 Lire la suite »
Stock market today: Stocks rebound as investors shake off Mideast tensions, focus on earningsWorries over the fallout from Iran's attack on Israel eased, allowing focus to return to earnings season and inflation risks to rate-cut hopes.
La source: YahooFinanceCA - 🏆 47. / 63 Lire la suite »
Stock market today: Stocks gain as Fed rate hopes fuel continued rallyStocks rallied at the end of last week, getting a boost from a 'Goldilocks' jobs report.
La source: YahooFinanceCA - 🏆 47. / 63 Lire la suite »
Stock market today: Stocks rally after Fed decision as Powell soothes rate nervesFed day arrives with the focus on what clues Powell will offer to the chances for rate cuts this year.
La source: YahooFinanceCA - 🏆 47. / 63 Lire la suite »