Stock Market Today: Dow, S&P 500, Nasdaq end higher
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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.
The Dow ended lower and the S&P 500 finished nearly flat on Wednesday after the Federal Reserve cut interest rates but Fed Chair Jerome Powell said another rate cut in December is far from assured. The Nasdaq registered another record closing high,
The US indices that I follow here at FX Empire all look as if they are going to jump higher, with excitement building around the anticipation of rate cuts and a potential agreement between the Chinese and Americans.
U.S. stocks opened higher on Friday to cap off a pretty resilient October despite hesitations around future Federal Reserve rate cuts and a lack of U.S. government data during what could easily become the longest shutdown on record.
Stocks looked set to trade in the green yet again on Monday, as investors continued to shrug off the ongoing government shutdown. Futures tracking the Dow Jones Industrial Average rose 105 points, or 0.
US indices showed signs of exhaustion early Thursday, with the Nasdaq 100, Dow Jones, and S&P 500 all pausing after recent gains. While short-term pullbacks appear likely, underlying uptrends remain intact and may attract value buyers near key support levels.
Wall Street opened in the green as it looked set to continue its green run as traders turned their attention to big tech earnings and the Federal Reserve's rate decision.
The stock market was all treats and no tricks on Friday as the major indexes wrapped up their best months of October in years. The Dow Jones Industrial Average rose 41 points, or 0.1%. The S&P 500 gained 0.
Nvidia became the first company ever to boast a $5 trillion market cap, but it wasn't enough to lift the Dow and the S&P 500.