Kevin Dietsch/Getty ImagesUS stocks staged a sharp rebound on Friday, snapping a three-day streak of losses.Encouraging inflation data stoked optimism that the Federal Reserve can cut interest rates in September.The rotation into small-caps continued, with the Russell 2000 rising more than 1.5%.US stocks rebounded Friday, helping reverse a streak of losses that dominated most of this week.With investor confidence starting to waver in the tech-stock bull run, rotations out of the mega-cap sector sent indexes on a three-day decline.
Similar Stories to Stock Market Today: Dow Soars 654 Points As Traders Celebrate Inflation Data on Bing News
fdemott@insider.com (Filip De Mott), Business Insider
Fri, 07/26/2024 - 1:06pm
Topics: kevin dietsch/getty imagesus nasdaq headline pce fed chair jerome powell today's pce david donabedian cibc private wealth cme fedwatch tool s&p jones industrial average chris zaccarelli chief investment officer independent advisor alliance gdp dexcom zillow north korea russia andrew left america west texas intermediate treasury 852.read business insider us federal reserve september russell fed december stock market dow points inflation data cut rates week friday economic investors investor fell continued rotation interest basis three-day crude streak rose cuts forecasts june indexes report rate run ndash coming concerns meeting
BING NEWS:
- Stock market today: Wall Street drifts around its records as the US economy keeps humming
U.S. stocks are drifting around their records following the latest signals that the U.S. economy continues to hum.
10/17/2024 - 5:23 am | View Link - The Dow rises 150 points on strong retail sales and surging AI stocks
The Dow Jones Industrial Average surged Thursday morning, driven by robust retail sales data and a rally in chip stocks. Consumer spending saw a notable increase in September, reflecting growing ...
10/17/2024 - 3:57 am | View Link - Stock Market News Today, 10/15/24 – Stocks Fall and Consumers Worry About Debt
PM EST Stock indices finished today’s trading session in the red. The Nasdaq 100 (NDX), the S&P 500 (SPX), and the Dow Jones ...
10/16/2024 - 10:27 pm | View Link - Dow hits all-time high, soars over 400 points as investors cheer big bank earnings
The Dow Jones Industrial Average climbed 409.74 points, or 0.8%, to 42,863.86, eclipsing its Wednesday record close of 42,512. The blue-chip touched an intraday record high of 42,899.75. The S&P 500 ...
10/11/2024 - 10:40 am | View Link - Stock Market Today: Dow, S&P 500 close at records as investors await CPI inflation reading
The iShares Core U.S. Aggregate Bond ETF, which tracks the U.S. investment-grade bond market, was down 0.3%, according to FactSet data, at last check. Among Treasury bond funds, the Vanguard Long-Term ...
10/11/2024 - 10:29 am | View Link - More
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