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Stock market today: Stocks tread water with Dow poised for another bid for 40,000

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Nasdaq Composite ニュース

Dow,Christopher Waller

Stocks trod water as investors assess the chances of the Dow succeeding in another bid to cross 40,000 for the first time.

US stocks regrouped Friday as Wall Street set up another bid to reach bullish milestones as investors dithered over the odds for rate cuts. The Dow Jones Industrial Average held steady on the heels of touching the key 40,000 level for the first time during Thursday's trading. The S&P 500 rose 0.1% while the tech-heavy Nasdaq Composite also gained 0.1%, with all the gauges on track for weekly wins.

Read more: How does the labor market affect inflation? Friday's light economic and corporate calendar leaves few jumping-off points for the Dow to make another go at crossing its key juncture, while the S&P 500 and Nasdaq have their own fresh records within reach. That puts the spotlight on appearances by the Fed's Mary Daly and Christopher Waller on Friday.

 

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