Aug 26 - The Dow and the S&P 500 inched up in choppy trading on Monday as markets cemented bets on an imminent rate cut by the Federal Reserve and awaited Nvidia results later in the week, while energy stocks were boosted after crude oil prices jumped.
Odds of a 25-basis-point rate cut stand at 69.5%, while those of a 50-bps cut are at 30.5%, according to the CME Group's FedWatch tool. At 9:58 a.m. ET, the Dow Jones Industrial Average , was up 171.49 points, or 0.42%, at 41,346.57, the S&P 500 , was up 6.01 points, or 0.11%, at 5,640.62, and the Nasdaq Composite , was down 36.60 points, or 0.20%, at 17,841.20.
Markets have been less forgiving this quarter of highly valued megacap stocks, which spearheaded the excitement around artificial intelligence.
Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:
Sverige Senaste nytt, Sverige Rubriker
Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.
Stock market today: Dow rises 200 points, S&P 500 advances as wait for Powell beginsInvestors are counting down to a speech by Jerome Powell at Jackson Hole that could reset rate-cut expectations.
Källa: YahooFinanceCA - 🏆 47. / 63 Läs mer »
Stock market today: S&P 500, Nasdaq, Dow rise as wait for Powell beginsInvestors are counting down to a speech by Jerome Powell at Jackson Hole that could reset rate-cut expectations.
Källa: YahooFinanceCA - 🏆 47. / 63 Läs mer »
Dow, S&P 500 slip, Palo Alto Networks soars: Yahoo FinanceThe Dow Jones Industrial Average, Nasdaq, and S&P 500 are trading lower, with Wall Street in a little big of a holding pattern ahead of Federal Reserve...
Källa: YahooFinanceCA - 🏆 47. / 63 Läs mer »
S&P 500, Nasdaq, Dow hold onto gains, Advanced Micro Devices acquires ZT Systems: Yahoo FinanceThe major indexes (^DJI,^GSPC, ^IXIC) are holding onto last week’s gains ahead of Federal Reserve Chair Jerome Powell’s remarks at Jackson Hole later in the ...
Källa: YahooFinanceCA - 🏆 47. / 63 Läs mer »
Stock market today: S&P 500, Nasdaq slump as Nvidia struggles ahead of earningsStocks are eyeing a bid for fresh record highs after Jerome Powell made it crystal clear the Fed is ready to pivot to lowering rates in September.
Källa: YahooFinanceCA - 🏆 47. / 63 Läs mer »