"Wall Street Loses Steam as Earnings Surge, Dow Jones Falls"
TL;DR Summary
US stocks initially rose but wobbled later as investors debated interest rate cuts; S&P 500 traded flat, Nasdaq dipped, and Dow Jones climbed; Spotify shares jumped on strong guidance, while Palantir stock soared on AI advancements; Cleveland Fed president warned against cutting rates too soon; US stocks opened mostly higher as investors focused on earnings and Fed speakers.
Topics:business#artificial-intelligence#earnings-season#finance#interest-rate-cuts#spotify#us-stocks
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