Stock market today: Stocks rise amid big bank earnings, inflation data

US stocks gained ground 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 big bank financial updates rolled in. The S&P 500 gained close to 0.6%, and the tech-heavy Nasdaq Composite increased about 0.4% after closing out Thursday with small losses.

All three gauges were on track to finish the first full trading week of October with overall weekly wins. Investors were combing 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.

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

JPMorgan and Wells Fargo earnings, Tesla stock falls on Cybercab disappointment: Yahoo FinanceJPMorgan (JPM) and Wells Fargo (WFC) kick off earnings season in earnest. Tesla shares tumble with investors left wanting more after Elon Musk unveiled the...
출처: YahooFinanceCA - 🏆 47. / 63 더 많은 것을 읽으십시오 »

Stock market today: Tech leads stocks higher as oil prices retreat, China rally stallsThe focus is back on the ongoing debate over the economy and interest rates as headwinds ease.
출처: YahooFinanceCA - 🏆 47. / 63 더 많은 것을 읽으십시오 »

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.
출처: YahooFinanceCA - 🏆 47. / 63 더 많은 것을 읽으십시오 »

Stock market today: Wall Street holds steady as Shanghai stocks suffer worst drop since early COVIDNEW YORK (AP) — U.S. stocks are holding relatively steady following the latest scary swerves for Chinese markets. The S&P 500 slipped 0.1% in early Wednesday trading.
출처: SooToday - 🏆 8. / 85 더 많은 것을 읽으십시오 »