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After ending the previous session in positive territory, the major U.S. stock indexes are turning in a mixed performance during trading on Wednesday. While the Nasdaq has risen to a two-month intraday high, the Dow has moved to the downside. Currently, the Dow is down 96.42 points or 0.5 percent at 42,011.80, while the S&P 500 is up 0.91 points or less than a tenth of a percent at 5,733.84 and the Nasdaq is up 53.88 points or 0.3 percent at 18,128.40. The mixed performance on Wall Street comes as traders express some uncertainty about the near-term outlook for the markets following recent strength, which has lifted the Dow and the S&P 500 to record highs. Traders are also looking for the next major catalyst for the markets after the Federal Reserve decided to begin lowering interest rates last week. In the coming days, trading may be impacted by reaction to reports on weekly jobless claims, durable goods orders and personal income and spending. The Commerce Department released a report this morning showing new home sales pulled back sharply in the month of August. #USmarkets #Commentary #Stockmarkets #Stocks #NYSE #Nasdaq #Dow #S&P500 #WallStreet

Stocks moved sharply lower over the course of the trading day on Tuesday, with the major averages more than offsetting the strong gains posted last Friday. With the steep drop, the Dow pulled back well off the record closing high set in the previous session. The major averages climbed off their worst levels going into the close but continued to post significant losses. The Nasdaq plunged 577.33 points or 3.3 percent to 17,136.30, the S&P 500 dove 119.47 points or 2.1 percent to 5,528.93 and the Dow tumbled 626.15 points or 1.5 percent to 40,936.93. The sell-off on Wall Street came after the Institute for Supply Management released a report showing a continued contraction by U.S. manufacturing activity in the month of August. #USmarkets #WallStreet #Stockmarkets #NYSE #Nasdaq #Dow #SP500 #stocks #commentary

After turning in a lackluster performance early in the session, stocks moved notably higher over the course of the trading day on Thursday. The Nasdaq and the S&P 500 added to strong gains posted in Wednesday's session, closing higher for the fourth straight day. The major averages all finished the day firmly in positive territory. The Nasdaq jumped 174.15 points or 1.0 percent to 17,569.68, the S&P 500 advanced 41.63 points or 0.8 percent to 5,595.76 and the Dow climbed 235.06 points or 0.6 percent to 41,096.77. The strength that emerged on Wall Street came as traders remain optimistic about the outlook for interest rates following this week's inflation data. While the data has seemingly reduced the likelihood the Federal Reserve will cut rates by 50 basis points next week, rates are still expected to be notably lower by the end of the year. CME Group's FedWatch Tool currently suggests rates will be lower by at least a full percentage point following the Fed's December meeting. #USmarkets #Stockmarket #WallStreet #NYSE #Nasdaq #Dow #SP500 #stocks #markets

Stocks closed last week higher, driven up by tech and communication shares. Each of the benchmark indexes listed here climbed higher, led by the Nasdaq, which rose more than 4.0%. With nearly 50.0% of S&P 500 companies reporting first-quarter earnings, 77.0% reported positive earnings per share and 60.0% reported positive revenue according to the latest information from FactSet). Each of the market sectors closed last week ahead, with consumer staples and information technology leading the way. Ten-year Treasury yields rose 5.0 basis points. The dollar was relatively flat. Crude oil prices gained 0.5%, while gold prices fell 2.2%. Full report: https://lnkd.in/gcX9qQzP

Stocks ended last week on a positive note, driven by gains in the tech and communication sectors. All major indexes, including the Nasdaq, posted gains, with the Nasdaq leading the way with a rise of over 4.0%. Positive earnings reports from nearly 50.0% of S&P 500 companies for the first quarter, with 77.0% reporting positive earnings per share and 60.0% reporting positive revenue, further bolstered market sentiment. All sectors closed higher, with consumer staples and information technology showing strong performance. Meanwhile, ten-year Treasury yields increased by 5.0 basis points, the dollar remained stable, crude oil prices rose by 0.5%, and gold prices fell by 2.2%.

Spectra Market Recap: Mixed Day as Dow Hits Record High, Key Stocks Soar and Dip Dow Jones Industrial Average fell 38 points, or 0.1%, and had earlier jumped to an all-time high of 40,051.05. The S&P 500 fell 0.2%, and the NASDAQ Composite closed 0.3% lower, with both indexes notching record highs intraday.  Read More : https://justpaste.it/c8kod

Despite a dip last Friday, stocks closed out last week higher. The S&P 500 recorded its biggest weekly percentage gain of the year, while the Dow and the Nasdaq hit record highs.

Dow rises to fresh record as Wall Street builds on September gains: Live updates Stocks were higher on Tuesday, lifting the Dow Jones Industrial Average to a fresh record, and adding to Wall Street’s strong gains for the month. The Dow rose as much as 110.34 points to hit an all-time high. It was last up 55 points, or 0.1%. The S&P 500 climbed 0.08%, and the Nasdaq Composite advanced 0.2%. Tuesday’s gains put the Dow up about 1.5% for the month. The S&P 500 and Nasdaq have risen 1.4% and 1.7%, respectively. Some of those gains come as investors grow hopeful that lower rates from the Federal Reserve will drive economic growth and boost profits. Rate-sensitive sectors such as utilities and financials have moved higher in recent weeks in anticipation of the Fed’s cuts. There are now four sectors in the S&P 500 outperforming the market in 2024, compared to just two sectors back in July, according to Paul Hickey, co-founder of Bespoke Investment Group. “There’s been a lot moving underneath the surface. … You’ve seen the baton passed from these megacap stocks to the broader market,” Hickey said on CNBC’s “Closing Bell: Overtime” on Monday. While traders have cheered the outsized rate reduction, the market will likely experience heightened volatility over the coming weeks, according to Quincy Krosby, chief global strategist for LPL Financial. “Given how valuations have edged higher on the back of the market’s post Fed momentum, the market will be highly sensitive to any indication that the economy is softening at a faster pace,” she said. Traders will mull over fresh economic data on Tuesday, with the Conference Board’s consumer confidence reading for September due. Stocks open higher, Dow hits fresh record Stocks opened higher on Monday, with the Dow Jones Industrial Average touching a fresh record-high. The 30-stock Dow advanced 42 points, or 0.1% after briefly notching a new record. The S&P 500 added 0.15% while the Nasdaq Composite gained 0.42%. #broker #brokers #mortgagebroker #mortgagebrokers

The major U.S. stock indexes were mostly up last week. The S&P 500 and NASDAQ 100 hit all-time highs, while the Russell 2000 continued to languish. The NASDAQ added 3.51%, the S&P 500 increased by 1.98%, the Dow Jones Industrial Average gained 0.69%, and the Russell 2000 small-cap index lost 1.01%. The yield of the 10-year bond decreased from 4.40% to 4.28%. Gold gained 2.81% to close at $2,392.16 per ounce. #MarketUpdate #NASDAQ #DowJones #StockMarket #Investing #Finance