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Just a day after the S&P 500 and Nasdaq climbed into record territory, both indexes notched fresh intraday highs on Friday. However, weakness in American Express ( AXP) and 3M ( MMM) dragged on the Dow, leaving markets muted as a whole.
Tech led US stocks on Tuesday as a key consumer inflation print showed inflation accelerated in June, big banks kicked off earnings season, and Nvidia was set to receive a green light for trade with China from the Trump administration.
The Dow Jones Industrial Average (DJIA) wobbled on Friday, testing fresh weekly highs on consumer sentiment and inflation expectations data. However, the Dow backslid after earnings misses in key overweight companies dragged the index sharply lower to round out the trading week.
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Stocks rose Thursday as investors responded to a flurry of quarterly earnings reports from major companies and better-than-expected retail sales data.
US Stock market today ended higher as the Dow Jones, S&P 500, and Nasdaq all posted modest gains amid upbeat earnings reports and a surprise jump in retail sales. Investors are cautiously optimistic despite political tension as President Trump continues pressuring Fed Chair Jerome Powell over interest rate cuts.
Stocks were taken on a wild ride Wednesday as a White House official indicated to CNBC that Trump was moving closer to firing Powell from his post as Fed Chair.
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The Dow Jones Industrial Average adding more than 300 points, reaching a new 52-week closing high. U.S. government-bond yields moved lower. The yield on the 10-year Treasury note declined to 3.788 ...
US stock futures rose slightly on Friday (July 18) after the S&P 500 closed at a record high in the previous session, with major indexes on pace to end the week in positive territory. Futures tied to the S&P 500 and Nasdaq-100 each ticked up 0.