Investing.com -- The Dow closed higher Tuesday as fresh Federal Reserve remarks hinting at another pause on rate hikes next month kept a lid on Treasury yields.Atlanta Federal Reserve President Raphel Bostic added to expectations that the Fed will hold rates steady next month, saying “a lot” of the 11-rate hikes delivered since March 2022 are yet to filter through the economy.
"It's certainly possible that higher long-term yields may do some of the work for us in terms of bringing inflation back down," Kashkari said, though stopped short of endorsing a rate pause. If the recent rise in long-term yields have been driven by expectations for further Fed tightening, then the central bank may have to follow through on those expectations, he added.
The company delivered 105 airplanes in the third quarter, down from 112 jets in the same period a year earlier.) added nearly 2% after reporting quarterly results that beat on both the top and bottom lines. The snacks and beverage company lifted its annual guidance on earnings to 13% from 12% previously.
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 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 »
Stock Market Today: Dow Closes Higher as Israel-Hamas War Rattles MarketsOil prices and defense stocks gained
Source: WSJ - 🏆 98. / 63 Read more »
Stock Market Today: Dow up despite Israel-Hamas war as Fed members signal cautionStock Market Today: Dow up despite Israel-Hamas war as Fed members signal caution
Source: Investingcom - 🏆 450. / 53 Read more »
Stock Market Today: Dow Futures Rise, PepsiCo Gains PremarketLive updates on what's moving markets, including the Dow Jones Industrial Average, S&P 500 and Nasdaq Composite
Source: WSJ - 🏆 98. / 63 Read more »
Stock Market Today: Dow Up 550 Points; Travel Stocks RallyLive updates on what's moving markets, including the Dow Jones Industrial Average, S&P 500 and Nasdaq Composite
Source: WSJ - 🏆 98. / 63 Read more »
Stock market today: Markets steady in Asia after Israel declares war following Hamas attack in GazaShare prices have opened little changed after the the Israeli government declared war following deadly attacks by Hamas from the Gaza Strip. U.S. futures were lower and oil prices gained more than $3 a barrel. Tokyo and several other Asian markets were closed for holidays on Monday. Shanghai reopened after a weeklong holiday, falling about 0.7%. On Friday, Wall Street rallied after investors studied the nuances of a surprisingly strong report on U.S. employment. The S&P 500 rose 1.2%, the Dow ju
Source: AP - 🏆 728. / 51 Read more »