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Stock Market Today

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business3 months ago•14 min saved

Tech-Led Rally Propped Up Markets Despite Inflation Signals

U.S. stocks edged higher as tech names in the Magnificent 7 led a rally, offsetting weakness in utilities and financials. Inflation data surprised to the upside (PPI +6% YoY, CPI +3.8%), tempering near-term Fed-cut expectations, while optimism about a Trump–Xi summit gave investors an additional confidence boost.

via TipRanks|

#business #inflation #magnificent-7

market-news4 months ago•13 min saved

Futures Slip After Nasdaq/S&P Rally to Fourth Record Close

U.S. stock futures dipped Wednesday evening after the Nasdaq and S&P 500 posted their fourth record close in six sessions, with Dow futures down about 0.36% and the S&P 500 around 0.13% lower, while Nasdaq 100 futures were roughly flat at up 0.01%. Investors will watch earnings from AAL, NEE, HON, INTC, LMT, and AXP, and Thursday's initial jobless claims and PMI data.

via TipRanks|

#dia #macro #market-news