Fed, s&p 500 and Dow Jones
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1h
Investor's Business Daily on MSNStock Market Today: Dow Jones Surges To All-Time High On Rate Cut Hopes; Nvidia, Palantir Jump (Live Coverage)
The Dow Jones soared to an all-time Friday on increased hopes of a rate cut at the September Federal Reserve meeting.
If the S&P 500 breaks below 6,200, that's a sign the stock market may be headed for a more serious decline, Bank of America said.
Stock futures are pointing to a slightly lower open for major indexes on Wednesday as investors respond to a slew of earnings reports from retailers and brace for a big speech later in the week by Federal Reserve Chair Jerome Powell.
23h
Investor's Business Daily on MSNStock Market Today: Dow, S&P Under Pressure; This EV Stock Soars, And It's Not Tesla (Live Coverage)
The Dow Jones Industrial Average fell 0.3%, or around 120 points, pulled down by sinking Walmart shares. The 30-stock index was off its lows but remained below the 45,000 level. The S&P 500 gave up 0.3% and tested its 21-day exponential moving average. The S&P 500 is on pace for five straight losing sessions.
The Dow Jones Industrial Average is outpacing the other indexes on Tuesday, potentially on its way to a new record. The Dow was trading at 45,176.19, up about 0.6% on Tuesday. Part of this bump was due to the jump in shares from Home Depot.