Stocks Flat as Key Benchmarks Reach Record Highs and Investors Await Inflation Data
Stocks were flat Monday after reaching record highs, with investors awaiting inflation data. Amazon joined the Dow, Treasury yields climbed, and new home sales were below estimates. Investors are watching for economic and inflation risks as they look ahead to the monthly personal consumption expenditures price index.
Producer Prices on the Docket — Data Week Ahead
Investors were cautiously optimistic ahead of the producer price report for January, with Futures on the Nasdaq 100 up 0.4% this morning. But indices quickly fell after the PPI was posted at 8:30 am ET.
Stocks Reach New Record Highs as Dow Jones Climbs Above 38,000 for First Time
Stocks rose on Monday as the Dow Jones Industrial Average climbed 138.01 points, or 0.36%, to finish at 38,001.81, reaching a new record above the 38,000 level for the first time. The S&P 500 also added 0.22% to 4,850.43, reaching…
Stock Market Update: Dow Inching Higher, S&P 500 Extends Losing Streak
Stocks on the Move: Dow Inching Higher, S&P 500 Extends Losing Streak On January 4, 2024, the stock market saw the Dow Jones Industrial Average inching higher ahead of the jobs report, while the S&P 500 extended its losing streak….
Mixed Movements in Latest Stock Market Session
The stock market saw a mix of movements in the latest trading session. The S&P 500 closed at 4,732.00, marking a 0.74% increase, while the Dow Jones Industrial Average ended at 37,441.27, showing a slight decrease of 0.07%. Tech-heavy Nasdaq…
Dow Jones Approaching Key Swing Level, Prompting Speculation
The Dow Jones is approaching a key swing level, prompting speculation about its future direction. Last Friday, the Dow Jones finished the day largely unchanged following the release of two significant economic reports. The US NFP report initially led to…