Stocks waver on Wall Street, still on track for weekly gains

The S&P 500 rose 0.1% as of 10:12 a.m. Eastern. The Dow Jones Industrial Average rose 155 points, or 0.5%, to 34,351 and the Nasdaq fell 0.3%.

Investors face a relatively quiet day, though concerns about inflation, high interest rates and a potential recession still hover over Wall Street. Minutes from the Fed's latest policy meeting, released on Wednesday, show that officials agreed that smaller rate hikes would likely be appropriate "soon." That was welcomed by investors who are worried that the aggressive rate hikes could eventually slow the already weak economy by too much.

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U.S. stocks waver as traders mull rates, China stimulus - BNN BloombergU.S. equity futures and European stocks fluctuated as investors assessed prospects for less-aggressive central bank tightening and weighed China's latest move to stimulate its economy as COVID-19 infections rise.
منبع: BNNBloomberg - 🏆 83. / 50 ادامه مطلب »

TSX today: Index up 0.23% amid strength in technology stocks - BNN BloombergStrength in the technology sector helped lift Canada's main stock index higher in late-morning trading despite losses in energy stocks as the price of oil moved lower.
منبع: BNNBloomberg - 🏆 83. / 50 ادامه مطلب »