News Formal

Stock market today: Dow pops for 7th straight day as S&P 500 climbs back above 5,200

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 63%

Nasdaq Composite समाचार

इंडिया ताज़ा खबर,इंडिया मुख्य बातें

Stocks 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.

US stocks rose Thursday as more evidence showed the US labor market continued to cool, reviving hopes for a rate cut by the fall. The Dow Jones Industrial Average rose about 0.9%, or almost 350 points, extending its winning streak to seven trading sessions. The S&P 500 gained 0.5%, moving back above the 5,200 closing level for the first time since April 9. The tech-heavy Nasdaq Composite rose 0.2%.

Initial weekly jobless claims data released on Thursday came in at 231,000, an increase of 22,000 from the prior week and the highest level since August. The latest Department of Labor print signals the job market continues to slow. Most bets remain on a Fed rate cut in September. Read more: How does the labor market affect inflation? In the corporate world, a downbeat annual revenue forecast from Arm cast doubt on the hopes for AI growth that have boosted chip stocks.

हमने इस समाचार को संक्षेप में प्रस्तुत किया है ताकि आप इसे तुरंत पढ़ सकें। यदि आप समाचार में रुचि रखते हैं, तो आप पूरा पाठ यहां पढ़ सकते हैं। और पढो:

 /  🏆 47. in İN
 

आपकी टिप्पणी के लिए धन्यवाद। आपकी टिप्पणी समीक्षा के बाद प्रकाशित की जाएगी।

इंडिया ताज़ा खबर, इंडिया मुख्य बातें

Similar News:आप इससे मिलती-जुलती खबरें भी पढ़ सकते हैं जिन्हें हमने अन्य समाचार स्रोतों से एकत्र किया है।

Stock market today: Stocks climb as S&P 500 notches best 3-day run of 2024Stocks rallied at the end of last week, getting a boost from a 'Goldilocks' jobs report.
स्रोत: YahooFinanceCA - 🏆 47. / 63 और पढो »

Stock market today: S&P 500 rises for 4th day, Disney sinks 9% after earningsResults from Disney took center stage as the media giant posted the first profit for a key part of its streaming business.
स्रोत: YahooFinanceCA - 🏆 47. / 63 और पढो »