Stock market news today: Dow jumps to lead indexes higher

US stocks rallied Thursday as a Federal Reserve official's comments on coming interest rates hikes cheered investors.

After opening in mixed territory, the major indexes closed in the green, even as the 2-year note yield reached levels not seen in over a decade. The Dow Jones Industrial Average popped more than 300 points to lead the gains, supported by Salesforce's strong earnings.in favor of a quarter-point hike for now, adding that it's important for the central bank to move cautiously.

That comes after other Fed officials have hinted at the possibility of a half-point increase as recent data have pointed to a resilient economy that needs more slowing to get inflation under control. Earlier on Thursday, jobless claims fell for a third straight week, remaining below 200,000, in a sign the labor market is still strong.

Россия Последние новости, Россия Последние новости

Similar News:Вы также можете прочитать подобные новости, которые мы собрали из других источников новостей

Stock market today: Dow shakes off higher rates as Fed's Bostic touts summer pause By Investing.com*WALL ST SHAKES OFF SOARING RATES TO END HIGHER AS FED'S BOSTIC TOUTS SUMMER PAUSE $DIA $SPY $QQQ Not a voting member Sei não, não teria falado isso Anything to keep the bulltards happy, but this won’t end well
Источник: Investingcom - 🏆 450. / 53 Прочитайте больше »

Dow jumps 400 points in final half-hour, stocks brush aside climbing bond yieldsU.S. stocks were hovering near session highs in the half-final hour of trade Thursday, shaking off earlier weakness and pressure from higher U.S. government... BULLS climbing bond yields and mortgage rates going over 7 Thank Bostic + Algos
Источник: MarketWatch - 🏆 3. / 97 Прочитайте больше »

U.S. stocks kick off March in the red as Dow falls to fresh 2023 lowsU.S. stocks are starting March in the red, building on losses from a dismal February as the Dow Jones Industrial Average started the new month at its lowest level of the year. The Dow opened down 30 points, or 0.1%: Here's the plan
Источник: MarketWatch - 🏆 3. / 97 Прочитайте больше »

Bearish Dow theory signal suggests more pain ahead for stocksA 100 year-old stock market indicator is flashing bearish signals that point to more pain ahead for investors Thank Biden.
Источник: BusinessInsider - 🏆 729. / 51 Прочитайте больше »