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.
Stock futures moved higher Wednesday morning as several big banks released strong quarterly earnings reports, while market participants awaited a key inflation report.
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 ...
"I think really the market is saying maybe no rate cuts in 2025, and that the 10-year could very easily break well above 5%," ...
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 ...
The Dow and other indices rebounded on Tuesday following inflation data that came in cooler than anticipated. AI stocks that ...
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