jumped Monday, rebounding from its biggest weekly slump since 2023, as investors digested Apple's new line up of AI-enhanced iPhones and looked ahead to inflation data this week."We don’t think the rally is being spurred by any specific news items out since the Fri close but instead some dip buying driven in large part by oversold conditions and monetary support anticipation," analysts at Vital Knowledge said in a note to clients.
Still, with the labor market is now in the monetary policy driving seat, and following last week's weaker nonfarm payrolls report, many expect the Fed to cut at its meeting next week. Along with the wage bump, the proposed four-year deal would also include a commitment to build a new plane in the US Pacific Northwest, improved retirement benefits and an increase to the union's input into jet quality.) were in rally on Monday after S&P Global announced on Friday that both stocks would join the S&P 500 before the open on Sept.
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: S&P500 in worst week since 2023 as soft jobs data stoke worryStock market today: S&P500 in worst week since 2023 as soft jobs data stoke worry
Läs mer »
Stock Market Today: S&P 500 in best week of 2024 as revived bulls resume marchStock Market Today: S&P 500 in best week of 2024 as revived bulls resume march
Läs mer »
Stock market today: S&P 500 slips as Nvidia rebound runs out of steamStock market today: S&P 500 slips as Nvidia rebound runs out of steam
Läs mer »
Stock Market Today: S&P 500 closes higher as Fed minutes boost Sept rate cut hopesStock Market Today: S&P 500 closes higher as Fed minutes boost Sept rate cut hopes
Läs mer »
Stock market today: S&P 500 slides on fresh economic worries ahead of jobs reportStock market today: S&P 500 slides on fresh economic worries ahead of jobs report
Läs mer »
Stock Market Today: S&P 500 ekes out gain ahead of key inflation dataStock Market Today: S&P 500 ekes out gain ahead of key inflation data
Läs mer »