5 things to know before the stock market opens Wednesday

  • 📰 CNBC
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 72%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

Here are the most important news items that investors need to start their trading day.

The Nasdaq and the S&P 500 are on their longest winning streaks in almost two years after finishing higher Tuesday. The Dow, meanwhile, is on its longest positive streak since July. The gains come as Treasury yields ease a bit from recent highs as the Federal Reserve continues to hold pat on rates and recent jobs data indicate some economic softening.

Wall Street sees the partnership as a boon for Microsoft's Office products, as well as its Azure cloud business. Indeed,CEO Satya Nadella this week touted Azure as a way to help developers using OpenAI tech quickly get their products to market. "What is good for OpenAI is good for Azure in our view," UBS analysts said in a note Monday.A for sale sign hangs in front of a home on August 22, 2023 in San Mateo County, California.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines

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

5 things to know before the stock market opens WednesdayHere are the most important news items that investors need to start their trading day.
Source: NBCLA - 🏆 319. / 59 Read more »