Stock market today: Wall Street opens mixed after its latest winning week

NEW YORK — Wall Street is opening on a quiet note following its latest winning week. The S&P 500 was up 0.1% in early trading Monday. The Dow Jones Industrial Average was little changed, and the Nasdaq composite was up 0.2%. Momentum is calming after all three indexes set records last week. They scorched higher on revived hopes that the Federal Reserve will be able to cut interest rates this year because of a cooldown in inflation. More reports showing big U.S.

Investors this week will be taking in more retail earnings data as reporting season winds down. Lowe's, Target and TJX Cos. all report later this week. So will chipmaker Nvidia, whose shares are up 87% this year on soaring demand for its semiconductors, which are used to power artificial intelligence applications.

On Wednesday, the Federal Reserve releases minutes from its most recent meeting, when it left its main lending rate alone for the sixth straight time. The hope is that the Fed can pull off the balancing act of slowing the economy enough through high interest rates to stamp out high inflation but not so much that it causes a bad recession.

The Hang Seng in Hong Kong added 0.3% to 19,608.30, with its property index up 0.3%. Country Garden Holdings, one of many financially troubled developers, saw its U.S.-listed shares surge 18.5% on Friday after the policy was announced.On Monday, China's central bank left the one- and five-year loan prime rate unchanged at 3.45% and 3.95%, in line with expectations.

Россия Последние новости, Россия Последние новости

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

Stock market today: Asian stocks advance after Wall Street closes out another winning weekHONG KONG (AP) — Asian stocks advanced Monday after U.S. stock indexes drifted around their records on Friday with the Dow Jones Industrial Average closing...
Источник: YahooFinanceCA - 🏆 47. / 63 Прочитайте больше »

Stock market today: Dow finishes above 40,000 to cap Wall Street's latest winning weekThe Dow Jones Industrial Average finished a day above the 40,000 level for the first time on Friday as U.S. stock indexes drifted around their records while closing out their latest winning week.
Источник: CTVNews - 🏆 1. / 99 Прочитайте больше »

Stock market today: Wall Street drifts higher; Dow has its first close above 40,000The Dow Jones Industrial Average rose 0.3 per cent to close above 40,000 points for the first time on Friday.
Источник: CTVNews - 🏆 1. / 99 Прочитайте больше »

Stock market today: Wall Street is drfting near record highs and headed for another winning weekNEW YORK (AP) — Stocks are drifting near their record levels as Wall Street heads for the finish of another winning week. The S&P 500 was little changed in early trading Friday and on track for a fourth straight week of gains.
Источник: SooToday - 🏆 8. / 85 Прочитайте больше »

Stock market today: Wall Street edges back from records after Dow briefly tops 40,000U.S. stocks edged back from their record heights Thursday after the Dow Jones Industrial Average briefly topped the 40,000 level for the first time.
Источник: CTVNews - 🏆 1. / 99 Прочитайте больше »

Stock market today: Wall Street hangs around its records after Dow briefly tops 40,000NEW YORK (AP) — U.S. stocks drifted to a mixed close near their record levels after the Dow Jones Industrial Average briefly topped the 40,000 level for the first time. The Dow ended with a loss of 0.1% Thursday.
Источник: SooToday - 🏆 8. / 85 Прочитайте больше »