News Formal

Stock market today: Amazon leads Wall Street higher

  • 📰 AP
  • ⏱ Reading Time:
  • 38 sec. here
  • 15 min. at publisher
  • 📊 Quality Score:
  • News: 64%
  • Publisher: 51%

Financial Markets Nouvelles

Amazon.Com,Inc.,Federal Reserve System

Amazon led U.S. stock indexes higher, while a surprisingly weak jobs report marred by some unusual occurrences cemented bets on Wall Street for another cut to interest rates next week. The S&P 500 rose 0.4% Friday and recovered some of its loss from the day before, which was its worst in eight weeks. The Dow Jones Industrial Average gained 0.

A food vendor’s cart is parked across from the New York Stock Exchange on Wednesday, Oct. 30, 2024. The S&P 500 rose 0.4% to recover some of its loss from the day before, which was its worst in eight weeks. The Dow Jones Industrial Average added 288 points, or 0.7%, while the Nasdaq composite gained 0.8%.

In the bond market, Treasury yields pushed higher following some swings after a highly anticipated report said U.S. employers added only a net 12,000 workers to their payrolls last month. That was far short of the 115,000 in hiring that economists were expecting or the 223,00 jobs that employers created in September.

The yield on the 10-year Treasury, which also takes future economic growth and other factors into account, likewise rose after a knee-jerk drop. It climbed to 4.37%, up from 4.29% late Thursday. The hope on Wall Street is that the economy will still avoid a recession, even with that expected slowdown in the job market, thanks in part to coming cuts to interest rates by the Fed. The overall economy has so far remained

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:

 /  🏆 728. in FR
 

Merci pour votre commentaire. Votre commentaire sera publié après examen.

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: Amazon leads Wall Street higherAmazon led U.S. stock indexes higher, while a surprisingly weak jobs report marred by some unusual occurrences cemented bets on Wall Street for another cut to interest rates next week.
La source: latimes - 🏆 11. / 82 Lire la suite »

Amazon’s Mammoth Q3 E-com and Cloud Business Impresses Wall StreetAmazon's $159 billion beats the estimates, as ad, cloud and e-commerce power on revenue growth.
La source: wwd - 🏆 24. / 68 Lire la suite »

What Wall Street expects from Amazon, Apple earnings after the bellWall Street faces another key litmus test Thursday with results from megacaps Apple and Amazon after the bell.
La source: CNBC - 🏆 12. / 72 Lire la suite »

Here's what Wall Street analysts are saying after Amazon's third-quarter earningsWall Street analysts think Amazon is only at the beginning of a new era of growth.
La source: CNBC - 🏆 12. / 72 Lire la suite »