S&P 500, Nasdaq hit intraday record highs after inflation data
The Dow Jones Industrial Average rose 56.99 points, or 0.14%, at the open to 39,615.10.
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The Dow Jones Industrial Average rose 56.99 points, or 0.14%, at the open to 39,615.10.
The Dow Jones Industrial Average rose 78.8 points, or 0.20%, at the open to 39466.52.
The Dow Jones Industrial Average fell 65.4 points, or 0.17%, at the open to 38818.9.
The S&P 500 opened lower by 76.15 points, or 1.50%, at 4,995.42, while the Nasdaq Composite dropped 337.49 points, or 2.15%, to 15,375.26 at the opening bell.
The Dow Jones Industrial Average rose 49.1 points, or 0.13%, at the open to 38,552.79
The Dow Jones Industrial Average rose 26.60 points, or 0.07%, at the open to 37,801.98.
(Reuters) – Wall Street\’s \”fear gauge\” hit its highest in more than five months on Friday due to a sharp pullback in interest U.S. rate cut expectations and escalating geopolitical tensions.
The Dow Jones Industrial Average rose 93.90 points, or 0.25%, at the open to 37,847.21.
Both the S&P 500 and the Nasdaq are nearly 4% off from record high levels reached last month, as traders sharply readjusted their expectations of how much the Fed would cut rates this year.
Asian shares reacted to the dollar\’s strength amid U.S. rate cut uncertainty. Markets saw mixed performances, with various currencies and indices responding differently. Powell\’s cautious stance and IMF\’s growth forecast added to the market dynamics.
Asian shares reacted to the dollar\’s strength amid U.S. rate cut uncertainty. Markets saw mixed performances, with various currencies and indices responding differently. Powell\’s cautious stance and IMF\’s growth forecast added to the market dynamics.
(Reuters) – Bank of New York Mellon (NYSE:BK) beat Wall Street expectations on Tuesday with a 5% increase in profits, as rising asset values boosted investment services fees, more than offsetting lower interest income for the world\’s largest custodian bank.
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