U.S. stocks opened modestly higher on Tuesday, erasing some of the prior session’s losses as a closely watched data point showed wage growth was slightly less robust than expected in the fourth quarter. Investors are also looking ahead to Wednesday’s Federal Reserve meeting, where a rate hike of 25 basis points is expected. The S&P 500 SPX, +0.40% gained 6 points, or 0.
2%, to 4,023, while the Dow Jones Industrial Average DJIA, +0.22% advanced 70 points, or 0.2%, to 33,787. The Nasdaq Composite COMP, +0.60% advanced 22 points, or 0.2%, to 11,416. The employment cost index, released Tuesday ahead of the open, showed wage growth slowed at the end of 2022 for the third quarter in a row, although worker compensation still rose a sharp 1%. Economists polled by the Wall Street Journal had anticipated a rise of 1.1%.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Ireland Ireland Latest News, Ireland Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Dow futures drop 200 points as Fed decision, tech earnings awaitU.S. stock futures slumped on Monday to kick off a big week that features a Federal Reserve interest-rate decision, a jobs report and several key...
Source: MarketWatch - 🏆 3. / 97 Read more »
Dow futures tick lower as investors brace for Fed, earnings By Investing.com⚠️BREAKING: *U.S. STOCK FUTURES POINT TO SHARPLY LOWER OPEN AS WALL STREET BRACES FOR FED RATE HIKE, BIG TECH EARNINGS $DIA $SPY $QQQ 🇺🇸🇺🇸 Shit show
Source: Investingcom - 🏆 450. / 53 Read more »
Jim Cramer's Investing Club meeting Monday: Dow stocks, Fed, FordInvesting Club: 3 investing lessons from the Club’s meeting Friday: Dow stocks, Fed, Ford
Source: CNBC - 🏆 12. / 72 Read more »
U.S. stocks end lower, Dow snaps six-day win streak as Fed decision loomsU.S. stocks ended lower Monday, with the Dow Jones Industrial Average snapping a six-day win streak, as investors brace for the outcome of the Federal...
Source: MarketWatch - 🏆 3. / 97 Read more »
5 things to know before the stock market opens TuesdayHere are the most important news items that investors need to start their trading day. McRib tithe McMoon!!!! 🚀🚀🚀 Is easy to make GM to make money when they’re overcharging for everything now.
Source: CNBC - 🏆 12. / 72 Read more »
Stock Market News: Boeing delivers last 747, stocks lower on Tuesday, AMD reports todayThe Boeing company is delivering last 747 jumbo jet to Atlas Air as stocks open lower on Wall Street
Source: FoxBusiness - 🏆 458. / 53 Read more »