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US stocks rise as key earnings and economic data are anticipated this week. Major tech firms, including Amazon, Microsoft, Alphabet, and Apple, are set to report earnings.
Investors, meanwhile, are eyeing a possible Santa Claus rally, which refers to a stock surge that takes place over the last trading week of the year and the first two trading days of the new year.
Hindering stocks through the week was the big spike in bond yields. The 10-year Treasury edged lower on Friday but earlier in the week had jumped above 4.25%, it's highest level in three months.
The market's blistering postelection rally has some ringing alarms for 2025. In commodities, bonds, and crypto: West Texas Intermediate crude oil rose 1.25% to $69.45 a barrel.
Stock market today: US stocks rise as traders try to rebound after worst week of the year. Matthew Fox. September 9, 2024 at 9:42 AM. ... The S&P 500 dropped more than 4% last week, ...
Stocks added to records on Wednesday as earnings impressed. Markets will be tuned into comments from Jerome Powell later in the day. Stock market today: Indexes rise on strong earnings as traders ...
The Dow lagged for the week, falling just less than 2%. Tech stocks have so far led an uptrend across U.S. equities to kick off the year, with the Nasdaq gaining more than 8% in January so far ...
U.S. stocks closed broadly higher Monday as gains by some Big Tech companies helped offset a skid in oil-and-gas stocks after the price of crude had its biggest drop in more than a year. The main ...