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

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US Stock Futures News

Dow,Nasdaq Composite,The Dow

Renewed concerns over the path of interest rates had prompted the Dow's worst day since March 2023.

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.

 

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