Dow Jones, Nasdaq, S&P 500 weekly preview: Focus on Middle East, CPI and Q3 earnings

) closed 0.5% higher after a strong rally on Friday, following the release of the jobs data for September. Stocks rallied as the report shows that wage growth continues to slow down, fueling optimism that the Fed may not have to hike again.

The third quarter earnings season is about to start later this week the major U.S. banks set to report on Friday. “We forecast S&P 500 EPS will grow by 5% in 2025 to $250. Near-trend economic growth and moderating inflation pressures will support modest sales growth and slim margin improvement. However, substantial margin expansion is unlikely given the 'higher for longer' interest rate regime, resilient wage growth, and AI investments among some tech firms,” they said.

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Stock Market Today: Dow Futures Fall, Oil Gains on Israel-Hamas ConflictLive coverage of what's moving stocks and other markets, including the Dow Jones Industrial Average, S&P 500 and Nasdaq Composite
Source: WSJ - 🏆 98. / 63 Read more »

Stocks Week Ahead: Can S&P 500 Maintain Uptrend After Hitting Resistance at 4,320?Market Overview Analysis by Michael Kramer covering: Nasdaq 100, S&P 500, iShares Core S&P 500 ETF, SPDR® S&P 500. Read Michael Kramer's latest article on Investing.com
Source: Investingcom - 🏆 450. / 53 Read more »