Stock Market Today: Dow, S&P 500, NASDAQ end higher
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Dow dips
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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.
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.
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.
Major stock indexes erased early declines to close higher for a fourth consecutive session Wednesday, shaking off a U.S. government shutdown and a surprising decrease in private-sector jobs.
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.
With 16 consecutive years of dividend raises and plenty of levers to pull to reward shareholders, here's why Microsoft has what it takes to continue outperforming the Dow and the S&P 500 for years to come.
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Stocks fell even after the Federal Reserve 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.