US stocks rose ahead of a big week filled with a Federal Reserve rate decision, the jobs report, and Big Tech earnings. The Dow Jones Industrial Average erased early trading gains, coming off a surge of over 650 points for the blue-chip index on Friday. The S&P 500 added about 0.2%, while the tech-heavy Nasdaq Composite rose roughly 0.5%.
No move is expected from the Federal Reserve at the end of its meeting on Wednesday, despite signs the US economy and inflation have hit a sweet spot. Many on Wall Street see other reasons for the central bank to wait until September to act.
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Stock market today: Stock futures steady as S&P 500, Nasdaq try to build on recordsA consequential week that could provide key signals for the near-term path of interest rates.
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Stock market news today: Nasdaq dives as tech sell-off continuesEarnings misses have put the spotlight on the health of the economy after a Big Tech-led sell-off.
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Stock market news today: Nasdaq sinks near 3% as Tesla, Alphabet earnings spark tech sell-offDisappointing Alphabet and Tesla earnings have stirred up worries that Big Tech's power to fuel stock market gains is fading.
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