Stock Market Today: Dow opens nearly 200 points higher as Fed rate-cut hopes boost stocks
MarketWatch - 2024-05-06T08:59:11.665Z

U.S. stocks opened higher on Monday, with the Dow gaining nearly 200 points out of the gate following its best day in two months. Hopes for multiple interest-rate cuts from the Federal Reserve before year's end have grown following Friday's jobs report, helping to lift both stocks and bonds. Bond p

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Investors are facing a relatively quiet week, with no top-tier economic data due out in the U.S. But market strategists are keeping a wary eye on geopolitical developments as Israel prepares to launch its long-threatened invasion of Rafah, a city situated in the south of the Gaza Strip.
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Stock Market Today: Dow ends 150 points higher with earnings, Fed in focus
Bitcoin is on pace for its worst month since November 2022, as the cryptocurrency continues to pull back from its all-time high of $73,798 reached in March. The largest crypto is trading at around $62,980 on Monday, down 1.2% on the day, according to CoinDesk data. It has fallen around 11.5% this m
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Stock Market Today: Dow ends 150 points higher with earnings, Fed in focus
Upside risks for inflation have prompted Macquarie's North America economic team to make a fresh call of zero rate cuts by the Federal Reserve this year. Economist David Doyle said that while core inflation in December looked headed to the 2% to 2.5% range by mid-2024, this
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- 2024-04-29T09:30:43.405Z

In related news

Stock Market Today: Dow posts 4-day win streak as Fed rate-cut hopes provide boost

Stock Market Today: Dow ends 150 points higher with earnings, Fed in focus

Stock Market Today: Dow ends 150 points higher with earnings, Fed in focus