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The S&P 500 rose 0.4% following mixed trading across European and Asian markets. The Dow Jones Industrial Average added 317 points, or 0.7%, and the Nasdaq composite gained 0.2%.
The only stock to drag more on the market was Eli Lilly, which fell 6.6% after saying it expects to report weaker revenue for the last three months of 2024 than previously forecast.
U.S. stock indexes got back to climbing on Wednesday after the latest update on inflation appeared to clear the way for more help for the economy from the Federal Reserve. The S&P 500 rose 0.8% to ...
Wall Street held firmer on Wednesday, a day after strong reports on the economy hurt U.S. stocks by stirring up worries that inflation and interest rates may remain higher than expected. The Dow ...
In the bond market, the yield on the 10-year Treasury slipped to 4.11% from 4.14% late Tuesday. In energy trading, benchmark U.S. crude inched down 1 cent to $79.12 a barrel.
Asia stocks were mostly higher on Tuesday, with investors mainly focusing on a U.S. inflation report and what it means for interest rate cuts by the Federal Reserve. Oil prices advanced while U.S ...
The stock price of Google’s parent company, Alphabet, rose 2.5% even with China’s antitrust investigation. The company released its latest earnings report after trading ended for the day.
In the bond market, Treasury yields edged lower following a mixed set of reports on the U.S. economy. One report said a measure of inflation that the Federal Reserve likes to use slowed to 2.1% in ...