U.S. stocks were struggling for direction soon after the opening bell Friday, but all three major benchmarks are heading for weekly advances. The Dow Jones Industrial Average DJIA, -0.07% was trading flat, while the S&P 500 SPX, +0.63% gained 0.1% and the technology-heavy Nasdaq Composite COMP, +1.28% fell 0.1%, according to FactSet data, at last check.
Stocks surged Thursday after fresh data showed that inflation in October was softer than expected, with the major benchmarks booking their biggest percentage gains since 20202. For the week, the Dow is heading for 4% gain, the S&P 500 is up 5% and the Nasdaq on pace to advance 5.9%, FactSet data show, at last check. While the U.S. stock market is open for trade on Friday as the country commemorates Veterans Day, the bond market is closed for the holiday.
Yes
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Nigeria Nigeria Latest News, Nigeria Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
STOCK MARKET NEWS: Dow surges 1,201 points in inflation rally, FTX imploding, bond yields skidStocks rally after latest CPI data eases taking the steam out of bond yields, election outcomes rolling in and all eyes are on FTX which needs a crypto lifeline. FOX Business is providing real-time updates on the markets, commodities and all the most active stocks on the move. Pump up the champ pump it up.... Let's go Fed let's GO.. You criminal super star's
Source: FoxBusiness - 🏆 458. / 53 Read more »
STOCK MARKET NEWS: Disney Dow drag, election limbo dings stocks, Meta layoffs announcedStock market in limbo as control of House & Senate still being determined and ahead of big inflation report. Meta latest tech giant to slash workers, Disney disappoints. FOX Business is providing real-time updates on the markets, commodities and all the most active stocks on the move. Wake up Varney! Trump leads the Party. If DeSantis doesn’t team up with Trump for 1 term, I can tell you now, the GOP is finished. The US is finished. Socialism abounds. Too many fractures if they don’t team up. And one more thing. Florida has VOTER ID! The difference is clear. SandraSmithFox has zero clue. America has now chosen inflation, crime, open border and war on oil. Stop complaining or back National Voter iD.
Source: FoxBusiness - 🏆 458. / 53 Read more »
Stock Market Today: Dow Slides 650 Points as Investors Await Election Results, Inflation DataThe Dow fell more than 600 points as contagion worries in crypto markets and uncertainty around election results alarmed investors Bad crypto lol This is why we need to readdress voting systems in many states. This uncertainty not only hurts the market but also people faith in elections. reformthevote No it’s the certainty of the election that’s worrying them.
Source: WSJ - 🏆 98. / 63 Read more »