Stock market today: Stock futures edge higher after biggest wipeout for Dow in a year

Renewed interest rate concerns fueled Thursday's rout, led by the Dow's more than 600-point decline. A roaring mood turned sour afterTraders are about evenly split on whether the central bank will slash rates at its September meeting, according to the. That marks a significant shift from a few days ago, when only around one-third expected the Fed to hold steady through the fall's first meeting.

On the macroeconomic front Friday is a revised look at the University of Michigan's consumer sentiment index for May. An1 Magnificent TSX Dividend Stock Down 9% to Buy and Hold Forever A high-yield TSX dividend stock is a buying opportunity for long-term investors. The post 1 Magnificent TSX Dividend Stock Down 9% to Buy and Hold Forever appeared first on The Motley Fool Canada. -- Canada’s banking watchdog warned that many homeowners who took out mortgages when rates were near zero during the pandemic will soon face a reckoning as those loans renew.

Consumer staples stocks are a core part of a diversified portfolio. Here are some of the best stocks to consider now! The post Best Stocks to Buy in May 2024: TSX Consumer Staples Sector appeared first on The Motley Fool Canada.

Singapore Singapore Latest News, Singapore Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Stock market today: Dow slides 600 points as worries about rates overshadow Nvidia's blowout profitNEW YORK (AP) — Most U.S. stocks slumped after strong economic reports raised the possibility of interest rates staying painfully high.
Source: SooToday - 🏆 8. / 85 Read more »

Stock market today: Nasdaq touches intraday record, Dow struggles to top 40,000 againInvestors are bracing for Fed minutes and Nvidia earnings in coming days that could test the recent rally in stocks.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Stock market today: Nasdaq touches new record, Dow tries to top 40,000 againInvestors are bracing for Fed minutes and Nvidia earnings in coming days that could test the recent rally in stocks.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Stock market today: US futures tilt higher after Dow closes above 40,000 for first timeInvestors are bracing for Fed minutes and Nvidia earnings in coming days that could test the recent rally in stocks.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Stock market today: Dow finishes above 40,000 to cap Wall Street's latest winning weekThe Dow Jones Industrial Average finished a day above the 40,000 level for the first time on Friday as U.S. stock indexes drifted around their records while closing out their latest winning week.
Source: CTVNews - 🏆 1. / 99 Read more »

Stock market today: Wall Street drifts higher; Dow has its first close above 40,000The Dow Jones Industrial Average rose 0.3 per cent to close above 40,000 points for the first time on Friday.
Source: CTVNews - 🏆 1. / 99 Read more »