US stocks were higher on Wednesday morning as investors looked to a coming speech by Federal Reserve Chair Jerome Powell for clues to whether interest rates will stay higher for longer. The S&P 500 rose about 0.4%, while the Dow Jones Industrial Average popped about 0.2%. The tech-heavy Nasdaq Composite led the gains, rising 0.6% after the major gauges closed Tuesday in a sea of red.
This data stood in contrast to a similar reading from the manufacturing sector on Monday, which showed inflation pressures were on the rise last month. The focus is now on Powell, whose speech on the economic outlook later in the day will be weighed for hints to whether the Fed's June meeting will bring a policy pivot. Earlier in the day, Atlanta Fed President Raphael Bostic told CNBC he expects the Fed to make its first interest rate cut in the fourth quarter.
이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:
대한민국 최근 뉴스, 대한민국 헤드 라인
Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.
Stocks rise as investors eye the Fed, Super Micro slumps on stock offering: Yahoo Finance LiveAll three of the major indexes (^DJI,^GSPC, ^IXIC) are moving higher as investors await the Federal Reserve’s latest interest rate decision, which will come ...
출처: YahooFinanceCA - 🏆 47. / 63 더 많은 것을 읽으십시오 »
Stock market today: Stocks slip to start final week of eventful first quarterA furious rally on Wall Street to start 2024 took a breather at the beginning of the final week of the year's first quarter.
출처: YahooFinanceCA - 🏆 47. / 63 더 많은 것을 읽으십시오 »
Stock market today: US stocks mixed as Nasdaq flips into positive territoryThe prospect of a reversal from interest-rate hikes continues to buoy investors' spirits.
출처: YahooFinanceCA - 🏆 47. / 63 더 많은 것을 읽으십시오 »
Stock market today: US stocks open flat but still eye weekly winsThe prospect of a reversal from interest-rate hikes continues to buoy investors' spirits.
출처: YahooFinanceCA - 🏆 47. / 63 더 많은 것을 읽으십시오 »
Stock market today: Stocks jump to new highs as Fed buzz lifts marketsRelieved investors continued to celebrate the Federal Reserve's signal that it will delay but not slow rate cuts.
출처: YahooFinanceCA - 🏆 47. / 63 더 많은 것을 읽으십시오 »
Stock market today: Stocks climb to new records after Fed sticks to the plan on ratesStocks rose after the Fed's latest projection for interest rates showed the central bank sees three interest rate cuts by the end of this year.
출처: YahooFinanceCA - 🏆 47. / 63 더 많은 것을 읽으십시오 »