The US indices that I follow here at FX Empire all look as if they are trying to rally from here, as the market is starting to understand the interest rate situation. Also, it is worth noting that PPI on Tuesday could be important, but the real focus is probably
Dow Jones discount retail giant Walmart, along with Meta stock, are in or near buy zones on the stock market today. The post Dow Jones Retail Giant Walmart, Meta Stock In Or Near Buy Zones appeared first on Investor's Business Daily.
To get the latest market news check out finance.yahoo.com Tech led a slide in US stocks on Monday, while the dollar and bond yields climbed amid fading hopes for interest rate cuts ahead of this week's key consumer inflation report. The S&P 500 (^GSPC) sank 0.4%, while the Nasdaq Composite (^IXIC) tumbled about 1%.
To get the latest market news check out finance.yahoo.com US stocks plunged on Friday as investors digested a final 2024 jobs report that blew past expectations on hiring, raising more uncertainty about the path of interest rates this year. The Dow Jones Industrial Average (^DJI) sank about 1.4%, or over 500 points, while the S&P 500 (^GSPC) fell 1.4%.
The major US indices that I follow here at FX Empire are all drifting lower in the premarket trading action. The markets are focusing on interest rates at the moment, and the fact that the Federal Reserve will not be able to cut as much as once thought.
Nvidia (NVDA -3.00%) was added to the Dow Jones Industrial Average (^DJI -1.63%) in November 2024. So, technically, it was only in the index for a small portion of the year.
The US indices continue to see a lot of noisy trading, as the jobs number has caused even more downward pressure, but at the same time, we are still in a massive uptrend overall. At this point, there are probably value hunters out there looking to get involved.
The US indices are all slipping a bit in the early hours of Friday, as the markets continue to focus on inflation, the interest rates situation, and now the jobs numbers in the United States.
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The second year of Wall Street's bull market rally didn't disappoint, with all three major stock indexes hitting fresh all-time highs. This includes the ageless Dow Jones Industrial Average (^DJI 0.25%), which reached a record-closing high of more than 45,000 on Dec. 4.
The US indices were all closed on Thursday for the National Day of Mourning, marking the death of President Jimmy Carter. However, some CFD and early electronic trading was had, setting up these markets to react to the Non-Farm Payroll numbers on Friday.
The US indices in the premarket session continue to see pressures form yields in the bond market rising. Overnight, we have seen the ten year yield reach the 4.7% level, making it difficult for stock to find footing.