News Formal

Stock market today: Dow eyes 40,000 as stocks regroup near record highs

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 22 sec. here
  • 4 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 63%

Nasdaq Composite Nieuws

Dow,Federal Reserve

Signs of cooling inflation continued to spur bets for a Federal Reserve rate cut in September.

US stocks were little changed Thursday following a record-setting rally as signs of cooling inflation continued to spur bets for a Federal Reserve rate cut in September. The S&P 500 was slightly higher on the heels of closing above 5,300 for the first time. The Dow Jones Industrial Average and the tech-heavy Nasdaq Composite were trading near the flatline. Stock gains have picked up pace as belief grows that the US economy is headed for a soft landing.

Trader bets on a Fed rate cut in September rose to over 70%, per the CME FedWatch Tool, amid rising speculation about an easing as soon as July. Read more: How does the labor market affect inflation? Investors also jumped into bonds, sending the 10-year Treasury yield down near one-month lows at around 4.33%. On the corporate front, Walmart's posted quarterly profit, revenue and same-store sales beat Wall Street estimates.

Wij hebben dit nieuws samengevat zodat u het snel kunt lezen. Bent u geïnteresseerd in het nieuws, dan kunt u hier de volledige tekst lezen. Lees verder:

 /  🏆 47. in NL
 

Bedankt voor uw reactie. Uw reactie wordt na beoordeling gepubliceerd.

Nederland Laatste Nieuws, Nederland Headlines

Similar News:Je kunt ook nieuwsberichten lezen die vergelijkbaar zijn met deze die we uit andere nieuwsbronnen hebben verzameld.

Stock market today: Dow eyes 40,000 as faith in rate cuts lifts US futuresSigns of cooling inflation continued to spur bets for a Federal Reserve rate cut in September.
Bron: YahooFinanceCA - 🏆 47. / 63 Lees verder »

Stock market today: Dow snaps 8-day win streak, GameStop soars as meme frenzy reignitesAttention is on this week's CPI report, seen as a potential starting gun for Fed rate cuts.
Bron: YahooFinanceCA - 🏆 47. / 63 Lees verder »

Stock market today: Dow nabs 8th straight winning session, S&P 500 marches back toward record highInvestors are listening out for a parade of Fed speakers to test a growing confidence that a rate cut is on the way.
Bron: YahooFinanceCA - 🏆 47. / 63 Lees verder »

Stock market today: Stocks rise, Dow eyes 8th straight win as rate-cut hopes aboundInvestors are listening out for a parade of Fed speakers to test a growing confidence that a rate cut is on the way.
Bron: YahooFinanceCA - 🏆 47. / 63 Lees verder »

Stock market today: US futures rise, Dow eyes 8th straight win as rate-cut hopes aboundInvestors are listening out for a parade of Fed speakers to test a growing confidence that a rate cut is on the way.
Bron: YahooFinanceCA - 🏆 47. / 63 Lees verder »

Stock market today: Dow eyes 8th straight win as rate-cut hopes buoy stocksInvestors are listening out for a parade of Fed speakers to test a growing confidence that a rate cut is on the way.
Bron: YahooFinanceCA - 🏆 47. / 63 Lees verder »