Stock market today: Wall Street rises, but a sharp slide for oil keeps the gains in check

  • 📰 AP
  • ⏱ Reading Time:
  • 32 sec. here
  • 17 min. at publisher
  • 📊 Quality Score:
  • News: 68%
  • Publisher: 51%

Financial Markets Nyheter

Stocks And Bonds,Federal Reserve System,Micron Technology

U.S. stocks are ticking higher as financial markets around the world rally again. The S&P 500 rose 0.2% in midday trading Thursday and was flirting with the possibility of setting an all-time high for the third time this week. The Dow Jones Industrial Average was up 205 points, or 0.5%, and the Nasdaq composite was edging up by less than 0.1%.

FILE - The New York Stock Exchange, at rear, is shown on Sept. 24, 2024, in New York. for the third time this week and the 42nd time this year. The Dow Jones Industrial Average was up 170 points, or 0.4%, as of 11:15 a.m. Eastern time, and the Nasdaq composite was edging up 0.3%.

A big winner of the AI frenzy, Super Micro Computer, was meanwhile giving back some of its huge gains after more than tripling last year. Its stock tumbled 10.9% following a report from The Wall Street Journal saying the U.S. Department of Justice is probing the seller of servers and storage systems.

The fear is that the job market could weaken further as the cumulative effects of all the Fed’s past hikes to interest rates show themselves. The Fed kept its main interest rate at a two-decade high for more than a year in hopes of slowing the U.S. economy enough to stifle inflation. U.S. employers have already begun to

 

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:

 /  🏆 728. 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: Asian shares rally, encouraged by Wall Street storming back from an early slideAsian shares are mostly higher, encouraged by gains on Wall Street led by a handful of influential Big Tech companies.
Källa: wjxt4 - 🏆 246. / 63 Läs mer »

Stock market today: Wall Street drifts as Oracle soars and banks and oil slumpU.S. stocks drifted to a mixed close following several weeks of sharp swings
Källa: latimes - 🏆 11. / 82 Läs mer »

Stock market today: Asian shares echo Wall Street rally as investors gauge inflation dataAsian shares are trading mostly higher after a rally on Wall Street that regained some of the losses from the market’s worst week in nearly a year and a half. Benchmarks rose in Tokyo, Sydney, Seoul and Hong Kong in Tuesday morning trading.
Källa: AP - 🏆 728. / 51 Läs mer »

Stock market today: Asian shares rally, encouraged by Wall Street storming back from an early slideAsian shares are mostly higher, encouraged by gains on Wall Street led by a handful of influential Big Tech companies.
Källa: ksatnews - 🏆 442. / 53 Läs mer »

Stock market today: Asian benchmarks dip after Wall Street's mixed finishAsian shares are trading mostly lower after Wall Street drifted to a mixed finish. Benchmarks fell early Wednesday in Tokyo, Seoul, Sydney, Hong Kong and Shanghai. Investors were watching for any market impact from the debate between Vice President Kamala Harris and former President Donald Trump. The U.S.
Källa: AP - 🏆 728. / 51 Läs mer »

Stock market today: Asian benchmarks dip after Wall Street's mixed finishAsian shares are trading mostly lower after Wall Street drifted to a mixed finish.
Källa: ksatnews - 🏆 442. / 53 Läs mer »