Stock Market Today: Dow higher as tech reigns supreme to help extend win streak

Investing.com -- U.S. stocks ended higher Tuesday, notching a seven-day win streak underpinned by strength in big tech as Treasury yields fell despite Federal Reserve members signaling that rate hikes remain on the table.fell as investors continue to digest remarks from Fed speakers that point to the possibility of further rate hikes ahead.

Fed governor Governor Michelle Bowman said Tuesday she continues to expect that the Fed"will need to increase the federal funds rate further to bring inflation down to our 2 percent target in a timely way.", who is slated to deliver a speech on Wednesday and Thursday. Futures markets expect the Fed to hold rates steady again at its December meeting.

Both contracts have slumped over the past week, amid growing expectation that the Israel-Hamas war will not disrupt supply in this oil-rich region.We encourage you to use comments to engage with other users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind: Include punctuation and upper and lower cases.

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 Today: Dow, S&P 500 Slip; Tesla, WeWork Stocks in FocusLive coverage of stocks and financial news, including the S&P 500, Dow and Nasdaq Composite.
Source: WSJ - 🏆 98. / 63 Read more »

Stock Market Today: Dow ends higher, but rising Treasury yields keep lid on gainsStock Market Today: Dow ends higher, but rising Treasury yields keep lid on gains
Source: Investingcom - 🏆 450. / 53 Read more »

Stock Market Today: Dow Futures Waver, UBS Posts a LossStock futures ticked lower early Tuesday. Investors got updates from UBS and Saudi Aramco.
Source: WSJ - 🏆 98. / 63 Read more »

Stock Market Today: Dow Futures Waver, UBS Posts a LossStock futures ticked lower early Tuesday. Investors got updates from UBS and Saudi Aramco.
Source: WSJ - 🏆 98. / 63 Read more »

Stock Market Today: Stocks slide, Treasury yields rise as bears test peak rate betsStocks are closely tracking Treasury yields Tuesday, ahead a key three-day run of new bond auctions, as markets test recent bets on peak Fed rates.
Source: startelegram - 🏆 248. / 63 Read more »

Stock market today: Wall Street closes its best week of the year with even more gainsAsian shares have advanced following Wall Street gains last week that were buoyed by hopes for early interest rate cuts. South Korea's Kospi jumped more than 4% after the government restored a ban on short-selling that had been lifted since May 2021. Japan's benchmark was up 2.4%.
Source: AP - 🏆 728. / 51 Read more »