The Dow Jones fell Friday after inflation data. Amazon, Broadcom, Meta and Netflix are among the best stocks to buy and watch.
On Wednesday, the Dow Jones Industrial Average (DJIA) remained steady, hovering around 44,700, shedding around 130 points but holding steady through the midweek market session. The major equity index is currently near its all-time highs above 45,000, but stock traders still have a bit of work to do to push bids back into those record peaks.
Stock futures are mixed Thursday morning as investors react to a barrage of earnings reports from major companies and important economic indicators.
The stock market wrapped up its best week since early November as Wall Street breathed a sigh of relief in the wake of the latest inflation data. The Dow Jones Industrial Average gained 334 points, or 0.
The Dow Jones Industrial Average (DJIA) is a group of 30 U.S ... the more general pandemic-related issues like low demand and inflation, and there were major safety concerns last year.
The Dow Jones Industrial Average (DJIA) is a group of 30 U.S. industry leaders. It's often looked at as a proxy for the market, since its components' performance is indicative of what's happening in the economy and the markets.
Stock index futures were higher on Fridays, with Nasdaq futures leading the pack, as Apple and Intel's earnings reports brought cheer. Investors are now awaitin
World markets are mostly higher following gains on Wall Street driven by Tesla, IBM and Meta Platforms after strong profit reports. European markets opened higher after the European Central Bank cut a quarter-point interest rate to 2.
In Europe, the Stoxx Europe 600 gained 0.3% in morning trading. Smiths Group rose 14.9% and ALK-Abello Series B added 7.3%. On the other hand, Umicore slipped 7.5%, and Hemnet Group dropped 4.7%. The FTSE 100 added 0.2%. Other stocks in Europe were mixed as France's CAC 40 gained 0.3% and Germany's DAX held steady.
The Federal Reserve's favorite inflation gauge is due out this morning. Follow along for live updates on stocks, bonds and other markets, including the Dow Jones Industrial Average, S&P 500 and Nasdaq Composite.
Tesla, IBM and Meta Platforms helped lead most U.S. stocks higher on Thursday following a rush of profit reports from some of the country’s most influential companies.
On Wall Street, Tesla drove 2.9% higher even though Elon Musk’s electric-vehicle company reported a weaker profit for the latest quarter than analysts expected. Mr Musk asserted Tesla will offer unsupervised “full self-driving” technology to its customers as a paid service starting in Austin in June.