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News in English (USA) / 09.10.2024 / 21:00

US Stock Market Shows Resiliency Amid Fed Minutes and Economic Data

In the latest updates from Wall Street, the Dow Jones Industrial Average surged nearly 400 points, while the S&P 500 reached a record high. Investors focused on upcoming Fed minutes and inflation reports, leading to a positive market sentiment despite concerns surrounding major tech stocks like Alphabet, which faced pressure from a DOJ-related news. Energy stocks led a slight decline in other sectors, but overall, optimism prevailed as the markets shook off early October uncertainties. The anticipation of third-quarter earnings and economic signals continues to shape investor sentiment, keeping futures relatively stable ahead of critical Fed discussions.
CNBC, Quartz, The Wall Street Journal, Reuters, "Investors Business Daily", FX Empire, Bloomberg, Investopedia, Investing.com, Seeking Alpha