US stocks rose on Friday, setting the Dow up for an eighth straight day of gains as investors waited for a parade of Fed speakers to test a growing confidence that a rate cut is on the way. The Dow Jones Industrial Average climbed roughly 0.2%, with the benchmark S&P 500 gaining about 0.3% on the heels of closing above 5,200 for the first time in a month. The tech-heavy Nasdaq Composite also jumped around 0.2% at the opening bell.
Read more: How does the labor market affect inflation? Given that, investors will listen closely to speeches from a packed line-up of Fed speakers on Friday for more insight into timing, pace, and chance of an easing in policy. Michelle Bowman, Neel Kashkari, and Austan Goolsbee are among those scheduled to appear.
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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.
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