S&P 500, Dow Jones Trade Higher Ahead Of Fed Decision
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The U.S. stock market was mostly rising midday Friday, with Big Tech helping to fuel a potential third straight week of gains for major benchmarks as companies rolled out earnings results. The Dow Jones Industrial Average was down almost 7 points midday Friday,
In late 2024, Nvidia replaced Intel in the Dow Jones Industrial Average. The Dow Jones Industrial Average is home to some of the most storied, iconic American brands. Companies such as Coca-Cola, Disney, Home Depot, IBM, and Walmart are just a handful of the index's components.
Stock indexes mostly gained Monday, with the Nasdaq and S&P 500 registering fresh closing highs, as investors continued to downplay the U.S. government shutdown and AMD shares soared on news that OpenAI plans to deploy 6 gigawatts of its newest chips.
The U.S. stock market closed higher Friday after a choppy trading session, scoring weekly and monthly gains despite the government shutdown as investors appeared encouraged by companies’ latest quarterly earnings results.
Oil prices are hovering around five-year lows due to lower demand and higher supply. In its latest Short-Term Energy Outlook, the U.S. Energy Information Administration forecast a 2 million barrel per day increase in 2025 liquid fuels, largely due to higher production from non-OPEC+ countries like the U.S.