Stocks rise at start of a holiday-shortened week
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U.S. stocks rose following an encouraging report on inflation that could help the Federal Reserve keep cutting interest rates next year.
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US stocks opened mixed today. The Dow hit 47,939.87. The S&P 500 inched to 6,853.95. The Nasdaq slipped to 23,498.96. Markets wait for a likely Fed rate cut with 89% odds. Nvidia, Tesla, Broadcom and CVS move early.
Stocks gained ground on Wall Street as AI stocks like Nvidia turned higher again. The S&P 500 rose 0.9% Friday, erasing its losses for the week.
Valuation concerns persist, but trend metrics show no decisive shift in market momentum. Risk appetite still appears firm, with defensive sectors underperforming broad equities. Technical indicators suggest stability, reinforcing a neutral-to-bullish bias ...
Dow, S&P 500, Nasdaq on pause as all eyes on Fed verdict — a likely rate cut: Stocks paused today as the Dow hit 47,655.93. The S&P 500 inched to 6,841.36. The Nasdaq slipped to 23,527.45. Markets priced a 90% chance of a Fed rate cut.
S&P 500, Nasdaq open lower, while the Dow Jones was up 0.45% amid investor concerns loomed over Oracle's artificial intelligence (AI) spending plans, which took over the US Fed's rate cut momentum.