U.S. stocks ticked higher Monday to begin a week packed with potentially market-moving reports. The Standard & Poor's 500 rose 16.21 points, coming off its best week since November.
U.S. stocks ticked higher Monday to begin a week packed with potentially market-moving reports. The Standard & Poor's 500 index rose 16.21 points, or 0.3%, to 5,116.17, coming off its best week since November. The Dow Jones industrial average added 146.43 points, or 0.4%, to close at 38,386.09, and the Nasdaq composite gained 55.18 points, or 0.3%, to 15,983.08.
This week’s Fed meeting won’t include the publication of forecasts by Fed officials about where they see rates heading in upcoming years. The last such set of forecasts, released in March, showed the typical Fed official at the time was penciling in three cuts for 2024. But Fed Chair Jerome H. Powell could offer more color in his news conference after the central bank’s decision.
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Stock market today: Wall Street bounces back in premarket trading following Monday's drubbingWall Street drifted toward gains as more corporate earnings come in, giving investors a break from fretting about if and when the Federal Reserve might cut interest rates.
Read more »
Wall Street strategists don't see Fed cutting rates in June after strong CPI dataWall Street strategists don't see Fed cutting rates in June after strong CPI data
Read more »
Dow Jones Industrial Average dives after string US inflation figuresWall Street indexes plunge as US inflation dampens hopes of Fed rate cuts in June.
Read more »
Wall Street IG Client Sentiment: Our data shows traders are now net-long Wall Street for the first time since Nov 02, 2023 when Wall Street traded near 33,825.70.Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger Wall Street-bearish contrarian trading bias.
Read more »
Here are Monday's biggest analyst calls: Apple, Nvidia, AT&T, Tesla, Shopify, Super Micro Computer and moreHere are the biggest calls on Wall Street on Monday.
Read more »
Here are Monday's biggest analyst calls: Apple, Nvidia, Tesla, Meta, Amazon, Microsoft, Spotify, Ferrari & moreHere are Monday's biggest calls on Wall Street.
Read more »