News Formal

Stock market today: Nasdaq rises, Dow falls in whipsaw trading action as inflation report looms

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 25 sec. here
  • 7 min. at publisher
  • 📊 Quality Score:
  • News: 30%
  • Publisher: 63%

Nasdaq Composite Nyheter

Consumer Inflation,Jpmorgan Chase,Dow

Investors are gearing up for a consumer inflation print seen as crucial to determining the size of the first US interest-rate cut in years.

US stocks traded mixed in a rollercoaster session on Tuesday as investors geared up for a looming consumer inflation report seen as crucial to determining the size of the first US interest-rate cut in years. The benchmark S&P 500 reversed earlier losses to climb about 0.3% higher. The tech-heavy Nasdaq Composite did the same, rising 0.7%. Losses tied to the Dow Jones Industrial Average somewhat recovered by afternoon trading, with the index down 0.3%, or more than 100 points.

The volatile moves follow Monday's sharp rebound, which saw the major gauges surge over 1% as investors went post-rout bargain hunting. Volatility is stalking the markets as investors waver between hopes for a hefty 0.5% rate cut from the Federal Reserve and worries about recession risks. August's consumer inflation reading on Wednesday should provide some clues after the monthly jobs report left the market guessing on just how much the central bank will cut rates.

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.
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:

 /  🏆 47. in SE

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: Nasdaq edges higher, Dow drops as investors await key signals on inflation, economyWall Street is coming off a whipsaw week that has left markets jumpy and 'on edge.'
Källa: YahooFinanceCA - 🏆 47. / 63 Läs mer »

Stock market today: Dow, Nasdaq seesaw amid more soft jobs market dataLabor data is in focus as the prospect of rate cuts fails to offset growing doubts about the health of the economy.
Källa: YahooFinanceCA - 🏆 47. / 63 Läs mer »

Stock market today: Dow hits record, S&P 500, Nasdaq rise despite fall in Nvidia sharesThe dust is settling after Nvidia's solid but disappointing earnings, as investors reassessed the prospects for techs.
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 »

Stock market today: Dow slides 600 points, Nasdaq sinks 3% as Nvidia leads chip sell-offWall Street is hunkering down after a roller-coaster August, with the prospect of a potentially stormy September ahead.
Källa: YahooFinanceCA - 🏆 47. / 63 Läs mer »

Stock market today: Dow closes at record high, S&P 500, Nasdaq slide as tech lagsStocks 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 »