Stock market today: Wall Street ticks up as falling oil prices and Treasury yields ease the pressure

Gains in several Big Tech companies helped push the index higher, even though more stocks fell than rose. The Dow added 56 points, and the Nasdaq composite climbed 0.9%. The 10-year Treasury yield eased following its own sharp swings since the summer. Oil prices fell sharply to take some pressure off inflation. Benchmark U.S. crude fell back below $78 per barrel to where it was in July.NEW YORK — U.S.

The majority of big companies has been topping estimates so far this earnings reporting season, but another factor has been much more influential in driving the stock market’s big swings since the summer: the bond market. But yields eased sharply last week after investors took comments from the Federal Reserve to indicate it may finally be done with its hikes to interest rates. Inflation has been moderating since peaking in the summer of 2022, and the recent jump in Treasury yields may be acting like a substitute for more rate hikes.

More speeches by Fed officials this week could prove to be the biggest movers of financial markets, with relatively few high-impact economic reports on the calendar. Depending on what Fed officials say, that could portend a quieter week for financial markets, which have had quick triggers.

México Últimas Noticias, México Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

Stock market today: Wall Street closes its best week of the year with even more gainsHONG KONG (AP) — Asian shares advanced Monday following Wall Street gains last week that were buoyed by hopes for early interest rate cuts. U.S. futures were...
Fuente: YahooFinanceCA - 🏆 47. / 63 Leer más »

Stock market today: Wall Street drifts in early trading as recent sharp moves calm a bitNEW YORK (AP) — Stocks are drifting in early trading as Wall Street’s wild recent moves calm a bit. The S&P 500 was up 0.3% in its first trading after careening from months of sharp losses to its best week of the year.
Fuente: SooToday - 🏆 8. / 85 Leer más »

Stock market today: Wall Street drifts and holds steadier after last week's big swingsNEW YORK (AP) — Stocks drifted to a mixed close as Wall Street’s wild recent moves calm a bit. The S&P 500 rose 0.2% Monday in its first trading after careening from months of sharp losses to its best week of the year.
Fuente: SooToday - 🏆 8. / 85 Leer más »

Stock market today: World shares are mostly lower after a mixed session on Wall StreetShares mostly fell in Europe and Asia on Tuesday after a mixed close on Wall Street, where wild recent moves calmed a bit at the beginning of a quiet week for data releases.
Fuente: BNNBloomberg - 🏆 83. / 50 Leer más »