Stock market today: Dow, S&P 500, Nasdaq soar as inflation cools, bank earnings shine
The 10-year Treasury yield ( ^TNX) dropped over 12 basis points to trade around 4.66% after the cooler-than-expected reading. It had been up at its highest level in more than a year, serving as a headwind for stocks.
Stocks soared Wednesday as investors digested strong earnings reports from several large financial services companies and highly anticipated inflation numbers that came in softer than expected.
Now even the Dow is falling. The blue-chip index joined the S&P 500 and Nasdaq Composite in letting go of earlier gains in the face of rising bond yields. The Dow was down 75 points, or 0.2%. The S&P ...
Among the Dow Jones Industrial Average's 30 components, there are two historically cheap brand-name companies, as well as a ...
Stocks sank Friday in response to good news about the economy, a development that will take some explaining. A government report Friday morning showed U.S. employers added a whopping 256,000 jobs in ...
The better-than-expected core CPI data sent the Dow Jones surging more than 700 points after Wednesday’s opening bell as ...
Buoyed by strong returns for shares of Goldman Sachs and Home Depot, the Dow Jones Industrial Average is rallying Wednesday morning. Shares of Goldman Sachs and Home Depot are contributing to the ...
US stocks slid Friday as investors digested a better-than-expected jobs report that soured expectations of future rate cuts ...
The Dow and other indices rebounded on Tuesday following inflation data that came in cooler than anticipated. AI stocks that ...
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