Stock market today: Dow, S&P poised to build on records as stocks rise ahead of Fed decision

Stocks rose during morning trading Tuesday, with techs leading the advance as investors assessed fresh retail sales data in the wait for a Federal Reserve meeting pivotal to an interest-rate cut. The Dow Jones Industrial Average moved up roughly 0.4%, coming off a record-high close for the blue-chip index. The S&P 500 added about 0.5%, nearing its own all-time high, while the tech-heavy Nasdaq Composite put on 0.8%. Stocks are setting up for gains as the odds of a 0.

Read more: Fed predictions for 2024: What experts say about the possibility of a rate cut Investors were weighing data that showed retail sales surpassed Wall Street's estimates in August, with the focus on signs of a slowdown in consumer spending. The reading is the last piece of data that could factor into the Fed's thinking on opting for a substantial rate cut rather than a quarter-point move.

المملكة العربية السعودية أحدث الأخبار, المملكة العربية السعودية عناوين

Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.

Stock market today: Dow ekes out another record as investors await Nvidia earningsStocks are struggling to find a footing as Nvidia's high-stakes earnings loom.
مصدر: YahooFinanceCA - 🏆 47. / 63 اقرأ أكثر »

Stock market today: US stock futures tread water in wait for Fed's rate callInvestors are bracing for a crucial week dominated by the Fed's first interest-rate cut in four years.
مصدر: YahooFinanceCA - 🏆 47. / 63 اقرأ أكثر »

Stock market today: Dow leads US futures higher in aftermath of Nvidia earningsThe dust is settling after Nvidia's solid but disappointing earnings, as investors reassessed the prospects for techs.
مصدر: YahooFinanceCA - 🏆 47. / 63 اقرأ أكثر »

Stock market today: S&P 500, Dow futures waver as inflation report loomsInvestors are gearing up for a consumer inflation print seen as crucial to determining the size of the first US interest-rate cut in years.
مصدر: YahooFinanceCA - 🏆 47. / 63 اقرأ أكثر »

Stock market today: Dow, S&P 500 surge as stocks mount a comeback from deep lossesInflation is back in focus for investors gauging pressures that could influence the size of Fed rate cuts.
مصدر: YahooFinanceCA - 🏆 47. / 63 اقرأ أكثر »