The Dow and S&P 500 notched new highs on Friday as big US banks got earnings season underway and investors weighed the likely impact of a hot inflation print and unchanged wholesale inflation on Federal Reserve policy. The Dow Jones Industrial Average rose nearly 1% as JPMorgan Chase quarterly results kicked of the earnings season on the right foot. The S&P 500 gained 0.6%, and the tech-heavy Nasdaq Composite increased almost 0.4%.
All three gauges finished the first full trading week of October with weekly wins of more than 1%. Investors combed through quarterly results from big Wall Street banks — the traditional starting gun for earnings season. In focus is the potential impact of the Fed's pivot to rate cuts on lending margins and, thus, on profits.
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: Stock rally loses steam as S&P 500, Dow slip from recordsNow that the Fed has started cutting rates, the economy has taken to the fore for investors.
Fonte: YahooFinanceCA - 🏆 47. / 63 Leggi di più »
Stock market today: Dow, S&P 500 close at record highs, Nasdaq surges amid rate cut euphoriaWall Street has absorbed the Fed's message that a deep cut will prove positive for the economy.
Fonte: YahooFinanceCA - 🏆 47. / 63 Leggi di più »
Stock market today: Dow, S&P 500, Nasdaq slip after hotter-than-expected inflation printInvestors are looking to the latest reading on CPI consumer inflation to set expectations for the path of interest rates.
Fonte: YahooFinanceCA - 🏆 47. / 63 Leggi di più »
Stock market today: Dow, S&P 500, Nasdaq futures stall with Fed and Google breakup in focusInvestors are locked in debate over a 'no landing' for the economy, with Fed minutes on deck.
Fonte: YahooFinanceCA - 🏆 47. / 63 Leggi di più »
Stock market today: Dow, S&P 500 eke out record closes as stocks extend September rallyThe focus is on Fed speakers and a key inflation reading for insight into whether another big rate cut is coming.
Fonte: YahooFinanceCA - 🏆 47. / 63 Leggi di più »
Stock market today: Dow, S&P 500, Nasdaq surge as Fed fires up rallyWall Street has absorbed the Fed's message that a deep cut will prove positive for the economy.
Fonte: YahooFinanceCA - 🏆 47. / 63 Leggi di più »