Dow crosses 46,000
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All three major U.S. equity benchmarks — the S&P 500, Nasdaq 100, and Dow Jones — surged to fresh record highs on Thursday, as investors piled into risk assets on growing bets that interest rates will soon fall.
Trump’s tariffs continue to affect the global economy. Follow along for live updates on the Dow, S&P 500, Nasdaq and other markets.
Wall Street's main indexes notched record-high closes on Thursday following gains in Tesla and Micron Technology, while U.S. inflation and jobless data fueled expectations that the Federal Reserve will cut interest rates this month.
Stocks on Wall Street rose toward a third consecutive day of records on the expectation of rate cut by the Federal Reserve.
US stock market futures moved higher on Thursday as the Dow Jones, S&P 500, and Nasdaq all traded in green before the release of the August CPI inflation data. Dow futures rose 76 points, while S&P 500 and Nasdaq futures added about 0.
Wall Street futures were subdued on Friday after the three main U.S. indexes hit record highs in the previous session, packing up a week of economic data that did not temper expectations of interest rate cuts from the Federal Reserve.
Dow futures slips from record highs as Fed rate cut bets grow; traders eye economic data and key stocks for market direction.
Trump’s tariffs continue to affect the global economy. Follow along for live updates on the Dow, S&P 500, Nasdaq and other markets.