Tag Archives: Stocks

Stocks Steady Before Inflation; Oil Halts Climb: Markets Wrap

Stocks Steady Before Inflation; Oil Halts Climb: Markets Wrap

(Bloomberg) — Stocks and bonds steadied with many investors clinging to sidelines ahead of a key US inflation report. Oil erased gains. Most Read from Bloomberg Mining shares and travel stocks led a small decline in Europe’s Stoxx 600 index, while US equity futures were little changed. Brent gained halted a climb at $78 a barrel following more attacks on vessels in the Red Sea raised the risk that Middle East supply could be disrupted. Investor focus is on Thursday’s US inflation figures… Source link

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Dow edges up, Nasdaq slumps as stocks try to shake off dismal 2024 start

Dow edges up, Nasdaq slumps as stocks try to shake off dismal 2024 start

US stocks were mixed on Thursday, struggling to shake off a dismal start to the year after Federal Reserve policymakers left hopes for an early interest-rate cut hanging. In afternoon trading, the Dow Jones Industrial Average (^DJI) popped about 0.3%, while the benchmark S&P 500 (^GSPC) was roughly flat. After a Wednesday selloff, the Nasdaq Composite (^IXIC) pushed for gains at points in the session, but held 0.3% below the flatline. Investors looking for confirmation of bets on a March rate… Source link

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