Stock market today: Apple pulls down Nasdaq, while Dow hits record close with Fed rate cut on the horizon
Apple (AAPL): Shares of the tech giant slid more than 2% in morning trading Monday following a burst of analyst reports that suggested early demand for Cupertino's latest smartphone, iPhone 16, is lagging behind the release of last year's model around the same time period.
The Market Now Thinks The Fed Will Cut By 50 Bps: Not So Fast!
Traders are betting on a 50 bps rate cut from the Fed this week. Click here to find out why why a 25 bps cut is more likely.
Stock Market Today: Dow, S&P 500 end nearly flat ahead of Fed interest-rate decision
U.S. stocks finished mostly higher on Tuesday as investors geared up for the Federal Reserve’s first interest-rate cut since 2020. The S&P 500 was up 1.49 points, ending flat at around 5,634.58. It briefly touched its previous all-time closing high of 5,
Stock market today: Dow, S&P 500 close at record highs, Nasdaq surges amid rate cut euphoria
The S&P 500 ( ^GSPC) climbed roughly 1.7%, while the Dow rose more than 1.2%, with both indexes trading at record highs. The tech-heavy Nasdaq Composite ( ^IXIC) led the gains, up roughly 2.5%.
Stock market today: Wall Street stays stuck in place as it counts down to a rate cut
U.S. stock indexes remained stuck in place as Wall Street made few big moves ahead of what’s expected to be the first cut to interest rates in more than four
Stock Market Today: S&P 500 trades above all-time high day ahead of expected Fed rate cut
The S&P 500 consumer discretionary sector traded higher than the other sectors on Tuesday. Although the three major U.S. indexes opened higher on Tuesday, outperformance in the consumer discretionary sector was likely tied to a stronger-than-expected retail-sales report.
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