US stocks were mixed on Wednesday, seesawing the day after a steep sell-off fueled by worries about economic growth. The S&P 500 fell around 0.2% while the tech-heavy Nasdaq Composite fell about 0.3%. Meanwhile, the Dow Jones Industrial Average closed about 0.1% higher. Stocks had begun the week with a sharp pullback as Nvidia shares slumped, an indication that faith in the AI boom that has driven much of this year's gains is seeping out of the market.
In an up-and-down trading session on Wednesday, stocks appeared to turn positive after fresh data showed further signs of the labor market cooling, prompting bond yields to fall and investors to ramp up their hopes for more extensive interest rate cuts in 2024. Data showed job openings fell to 7.67 million in July, the lowest level since January 2021.
Abbiamo riassunto questa notizia in modo che tu possa leggerla velocemente. Se sei interessato alla notizia puoi leggere il testo completo qui. Leggi di più:
Italia Ultime Notizie, Italia Notizie
Similar News:Puoi anche leggere notizie simili a questa che abbiamo raccolto da altre fonti di notizie.
Stock market today: S&P 500, Nasdaq resume climb as Fed minutes signal 'likely' September rate cutInvestors marking time before Jackson Hole will get Fed minutes and jobs data revisions that could shift the needle on rate cut bets.
Fonte: YahooFinanceCA - 🏆 47. / 63 Leggi di più »
Stock market today: S&P 500, Nasdaq resume climb as Fed minutes signal 'likely' September rate cutInvestors marking time before Jackson Hole will get Fed minutes and jobs data revisions that could shift the needle on rate cut bets.
Fonte: YahooFinanceCA - 🏆 47. / 63 Leggi di più »
Stock market today: S&P 500, Nasdaq rise as Fed minutes signal 'likely' September rate cutInvestors marking time before Jackson Hole will get Fed minutes and jobs data revisions that could shift the needle on rate cut bets.
Fonte: YahooFinanceCA - 🏆 47. / 63 Leggi di più »
Stock market today: Dow hits record, S&P 500, Nasdaq rise despite fall in Nvidia sharesThe dust is settling after Nvidia's solid but disappointing earnings, as investors reassessed the prospects for techs.
Fonte: YahooFinanceCA - 🏆 47. / 63 Leggi di più »
Stock market today: Dow closes at record high, S&P 500, Nasdaq slide as tech lagsStocks are eyeing a bid for fresh record highs after Jerome Powell made it crystal clear the Fed is ready to pivot to lowering rates in September.
Fonte: YahooFinanceCA - 🏆 47. / 63 Leggi di più »
Stock market today: S&P 500, Nasdaq slump as Nvidia struggles ahead of earningsStocks are eyeing a bid for fresh record highs after Jerome Powell made it crystal clear the Fed is ready to pivot to lowering rates in September.
Fonte: YahooFinanceCA - 🏆 47. / 63 Leggi di più »