People stand in front of an electronic stock board showing Japan’s Nikkei 225 index at a securities firm Tuesday, April 30, 2024, in Tokyo. Asian shares mostly rose Tuesday, as investors kept their eyes on potentially market-moving reports expected later this week.People pass by an electronic stock board showing Japan’s Nikkei 225 index, left, and U.dollar/Japanese yen conversion rate at a securities firm Tuesday, April 30, 2024, in Tokyo.
On Wall Street, the S&P 500 rose 16.21 points, or 0.3%, to 5,116.17, coming off its best week since November. The Dow Jones Industrial Average added 146.43, or 0.4%, to 38,386.09, and the Nasdaq composite gained 55.18, or 0.3%, to 15,983.08. This week’s Fed meeting won’t include the publication of forecasts by Fed officials about where they see rates heading in upcoming years. The last such set of forecasts, released in March, showed the typical Fed official at the time was
A report hitting Wall Street on Friday could shift policy makers’ outlook even more. Economists expect Friday’s jobs report to show that hiring by U.S. employers cooled in April and that growth in workers’ wages held relatively steady.
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