NEW YORK — U.S. stocks edged back from their record highs. The S&P 500 slipped 0.2% Thursday. The Dow Jones Industrial Average fell 0.1% after likewise setting an all-time high the day before, and the Nasdaq composite fell 0.1%. Delta Air Lines fell after reporting weaker results for the summer than expected.
Lower interest rates ease the brakes off the economy and juice prices for investments, but the pace of further cuts will depend on if inflation continues to head down toward the Fed’s 2% target as it expects. In the bond market, Treasury yields rose immediately after the release of the economic data, only to then swing up and down as traders tried to handicap what they would mean for the Fed.
“Unless the jobs report that comes out on November 1st shows a dramatic drop in employment,” a traditional-sized cut of a quarter of a percentage point “might even come across as a little aggressive,” said Brian Jacobsen, chief economist at Annex Wealth Management.
لقد قمنا بتلخيص هذا الخبر حتى تتمكن من قراءته بسرعة. إذا كنت مهتمًا بالأخبار، يمكنك قراءة النص الكامل هنا. اقرأ أكثر:
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: Wall Street edges further into record highsNEW YORK (AP) — U.S. stocks edged further into record heights on Wall Street after shaking off a bumpy start to the day. The S&P 500 rose 0.3% Tuesday. The Dow Jones Industrial Average edged up 0.2%, adding to its own record.
مصدر: SooToday - 🏆 8. / 85 اقرأ أكثر »
Stock market today: Wall Street slips below its record highsNEW YORK (AP) — U.S. stocks are edging down from their records. The S&P 500 slipped 0.3% in early Thursday trading. The Dow Jones Industrial Average was down 65 points after likewise setting an all-time high the day before.
مصدر: SooToday - 🏆 8. / 85 اقرأ أكثر »
Stock market today: Wall Street drifts near record highs following recent big movesNEW YORK (AP) — U.S. stocks are drifting around their records as financial markets around the world take a pause following big recent moves. The S&P 500 was up 0.1% in early trading Wednesday.
مصدر: SooToday - 🏆 8. / 85 اقرأ أكثر »
Stock market today: Wall Street leaps toward records as jubilation sweeps markets worldwideNEW YORK (AP) — Wall Street is roaring toward records Thursday as a delayed reaction of jubilation sweeps markets worldwide following the Federal Reserve’s big cut to interest rates. The S&P 500 was 1.
مصدر: SooToday - 🏆 8. / 85 اقرأ أكثر »
Stock market today: Wall Street wavers a day after setting record highsU.S. stocks are drifting in early trading after leaping to records the day before as part of a worldwide rally. The S&P 500 was down 0.2% Friday but still on track for its fifth winning week in the last six.
مصدر: SooToday - 🏆 8. / 85 اقرأ أكثر »
Stock market today: Wall Street slides as Treasury yields climb back above 4%NEW YORK (AP) — U.S. stocks slid after Treasury yields hit their highest levels since the summer and oil prices continued to climb. The S&P 500 fell 1% Monday, though it’s still close to its all-time high set a week ago.
مصدر: SooToday - 🏆 8. / 85 اقرأ أكثر »