Stock Market Today: Dow ends down nearly 100 points, S&P 500 edges up ahead of CPI inflation report
The 2-year rate finished at 3.608% or its lowest level since Sept. 12, 2022. Meanwhile, the 10-year yield fell to 3.643% or its lowest closing level since June 1, 2023. The 30-year rate ended at 3.954% or the lowest level since Dec. 27.
What impact will the Federal Reserve's rate cut have on stocks?
"The markets were crossing their fingers for a larger cut." The decision by the Fed's policy-setting committee to cut interest rates for the first time since March 2020 was prefaced by an unusual amount of market uncertainty as to how much the central bank would lower its benchmark rate from a two-decade high of 5.
Still, the report was not a promising sign for traders betting on ... Futures contracts connected to the Dow Jones ...
Investor's Business Daily on MSN2h
Dow Jones Futures Rise As Nike Surges On New CEO News; FedEx Dives After Earnings ReportDow Jones futures fell Friday as Nike surged after announcing a leadership change. FedEx stock plunged on earnings news.
The labor market has come under scrutiny after an unexpected rise in the jobless rate sparked recession fears nearly a month ...
The Dow Jones Industrial Average DJIA closed 1% lower ... Investors were grappling with the jobs report for August, said Michael Arone, chief investment strategist for the U.S. SPDR business ...
Friday's price action was choppy ahead of the long holiday weekend, but an in-line inflation report and late-day burst of buying power kept stocks above water.
Underlying inflation showed some stickiness, which could discourage the Fed from delivering a half-point rate cut next week ...
Friday's jobs report will be closely watched for investors. The blue chip Dow Jones Industrial Average fell 220 points, or 0.5%, the benchmark S&P 500 dipped 0.3%, with both largely sector ...
Intel Corp (NASDAQ:INTC) and Microsoft Corp (NASDAQ:MSFT) were among the companies that entered the Dow Jones Industrial ...
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