Stock market today: Global shares mostly rise to start a week full of earnings, Fed meeting

People stand in front of an electronic stock board showing Japan's Nikkei 225 index at a securities firm Tuesday, April 30, 2024, in Tokyo. Asian shares mostly rose Tuesday, as investors kept their eyes on potentially market-moving reports expected later this week.– Global shares mostly rose Tuesday, as investors kept their eyes on potentially market-moving reports expected later this week.

In Japan, the government reported stronger than expected gains in industrial production with a seasonally adjusted 3.8% rise in March from the previous month. Markets are also eyeing the U.S. Federal Reserve in addition to a slew of earnings reports that about a third of the companies in the S&P 500, including heavyweights Amazon and Apple, are reporting this week.have traders expecting fewer interest rate cuts this year. The Federal Reserve announces its latest policy decision Wednesday, and could offer clues on when the rate cuts might come. Its main interest rate is at its highest level since 2001.

The hope on Wall Street is that the job market will remain strong enough to help the economy avoid a recession but not so strong that it feeds upward pressure into inflation.

United States United States Latest News, United States United States Headlines

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

Stock Market Today: S&P 500 rides Tesla, Apple higher; Fed meeting eyedStock Market Today: S&P 500 rides Tesla, Apple higher; Fed meeting eyed
Source: Investingcom - 🏆 450. / 53 Read more »

Stock market today: Asian shares mostly rise to start a week full of earnings, Fed meetingAsian shares are trading mostly higher as investors kept their eyes on potentially market-moving reports expected later this week. Benchmarks rose Tuesday afternoon in Tokyo, Seoul and Sydney, while edging down slightly in Hong Kong and Shanghai. On Wall Street, the S&P 500 rose 0.3%, the Dow Jones Industrial Average climbed 0.
Source: AP - 🏆 728. / 51 Read more »

Stock futures are little changed as investors look ahead to Fed decision, megacap earnings: Live updatesThe major averages are headed for their first losing month since October as rate cut expectations drop significantly from where they were at the start of 2024.
Source: nbcsandiego - 🏆 524. / 51 Read more »

6 portfolio stock earnings and the Fed's favorite inflation gauge dominate the week aheadWe're also going to continue to watch Israel and Iran tensions as well as the continued fighting in the Israeli-Hamas war and Russia's war in Ukraine.
Source: CNBC - 🏆 12. / 72 Read more »