FILE - The New York Stock Exchange is seen on Wednesday, July 3, 2024, in New York. Shares advanced Friday, July 5, 2024, in Europe after Britain's Labour Party prevailed over the Conservatives in this week's national election. – Asian stocks mostly fell Monday, with the Euro dropping on the shock French election outcome, while U.S. stocks rose to more records Friday boosted by ain the 2024 French legislative election, beating back a far-right surge but failing to win a majority.
On Friday, the S&P 500 climbed 0.5% to 5,567.19, setting an all-time high for a third straight day following Thursday’s pause in trading for the Fourth of July holiday. The index has already set 34 records and climbed close to 17% this year, which is only a little more than halfway done. Altogether, the data reinforced belief on Wall Street that the U.S. economy’s growth is slowing under the weight of high interest rates. That’s precisely what investors want to see, because a slowdown would
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:
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.
Stock market today: Asian stocks mostly fall, Euro drop on French election outcomeAsian stocks mostly fall after U.S. stocks rose to more records Friday boosted by a highly anticipated report on the job market. U.S. futures and oil prices decline. The euro climbed above $1.08, while the gains were tempered by the surprising results of the French parliamentary elections. The S&P 500 climbed 0.
Source: AP - 🏆 728. / 51 Read more »
Stock market today: Asian shares advance ahead of U.S. inflation reportAsian shares have advanced as traders look ahead to a key report on inflation that could influence the Federal Reserve’s next move on interest rates. U.S. futures were mixed and oil prices rose. In Japan, the government reported industrial output was higher than expected and the unemployment rate stayed at 2.6% in May.
Source: AP - 🏆 728. / 51 Read more »
Stock market today: Asian shares advance ahead of U.S. inflation reportAsian shares have advanced as traders look ahead to a key report on inflation that could influence the Federal Reserve’s next move on interest rates.
Source: ksatnews - 🏆 442. / 53 Read more »
Stock market today: Asian shares advance ahead of U.S. inflation reportAsian shares have advanced as traders look ahead to a key report on inflation that could influence the Federal Reserve’s next move on interest rates.
Source: wjxt4 - 🏆 246. / 63 Read more »
Stock market today: Asian shares advance after Nvidia's rebound offsets weakness on Wall StAsian shares are mixed after a rebound for Nvidia offset weakness on Wall Street.
Source: wjxt4 - 🏆 246. / 63 Read more »