Dow Rises Ahead of Fed Rate Decision
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The Dow, S&P 500 and Nasdaq all rose this week, as investors shook off concerns about bad loans as well as trade tensions with China.
Amazon, Apple shares rise afterhours; U.S. agrees to cut China tariffs
Wall Street is in an upbeat mood as it gears up for a pivotal week featuring the Federal Reserve’s expected interest rate cut and a barrage of Big Tech earnings, as well as Trump's visit to Asia.
Stocks finish mostly lower even after the Fed cut interest rates and said it will stop shrinking its balance sheet on Dec. 1. Separately, investors are preparing for earnings from three of the Mag 7 mega-cap stocks after the close.
Yen intervention fears weigh on sentiment as US futures steady in Asia. Traders eye Fed rate cuts, US-China talks, and earnings for market direction.
Major stock indexes recorded weekly gains but ended mixed Friday after setting new all-time highs, as the Nasdaq closed lower after being dragged by a sharp decline in shares of Palantir Technologies.
The Dow Jones Index has pulled back in the past few days as the recent bull run faded. It pulled back to a low of $46,350, and a risky pattern it has formed points to more downside in the coming weeks as the earnings season starts. Dow Jones Index ...