The Fed's preferred inflation gauge, the personal consumption and expenditures index, rose 0.3% from November and 2.6% annually.
As Friday afternoon trading kicked off in New York, the Dow Jones Industrial Average was wavering but appeared to be on track for its biggest three-week rise since late 2022. On a weekly basis, the Dow remains on pace to end higher for the third straight time.
The Dow Jones Industrial Average has surrendered its early gains heading into the afternoon session. But the S&P 500 and Nasdaq Composite were still poised to finish higher. That's at odds with how markets fared on Monday,
Solid results from Apple are buoying spirits, as investors brace for PCE inflation and weigh Trump's renewed tariff threat.
Stock futures are higher Friday morning as investors respond to a steady stream of earnings reports and await the release of a closely followed inflation indicator.
The Dow Jones Industrial Average (DJIA) churned on Thursday, marking in tracks around 44,700 but sticking close to the day’s opening bids. Equity markets are still digesting this week’s earnings reports from heavy-hitters like Microsoft (MSFT) and Tesla (TSLA), both of which missed the bottom line on fourth-quarter performance.
The Dow Jones rose Friday on strong Apple earnings and key inflation data, while Deckers stock plunged on earnings results.
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.
The Dow Jones Industrial Average (DJIA) is up today as the index rallies alongside companies releasing Q4 2024 earnings reports. Many companies
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Stock futures are mixed Thursday morning as investors react to a barrage of earnings reports from major companies and important economic indicators.
The SPDR Dow Jones Industrial Average ETF Trust (DIA) is one of the largest and most liquid U.S. equity ETFs available to investors.