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Dow jumps 250 points Friday as Wall Street heads for a winning week: Live updates - TL;DR CNBC

Dow jumps 250 points Friday as Wall Street heads for a winning week: Live updates

Publishing timestamp: 2023-11-10 12:54:57


Summary

The Dow Jones Industrial Average and S&P 500 climbed, while the Nasdaq Composite added 1.6%. The S&P 500 and Nasdaq Composite ended their winning streaks. Weak demand at a Treasury auction and hawkish Federal Reserve commentary impacted the market. Several companies, including Trade Desk, Plug Power, Wynn Resorts, Diageo, Illumina, and SoftBank Group, faced challenges and saw stock declines. Oil prices rose slightly, but concerns about demand and Middle East tensions remain. Analysts have mixed views on the market and the possibility of a recession. Apple settled charges of discrimination in hiring practices. Synaptics reported better-than-expected earnings and revenue.


Sentiment: MIXED

Tickers: .SPXSYNA2282-HK.IXIC1128-HK.N225MGMPLUGTTDDEOCZRILMN@ND.19984.T-JP@DJ.1@SP.1.HSI1928-HK.DJIWYNNAAPL

Keywords: jerome powellmary dalynasdaq composites&p 500 indexmarketsbreaking news: marketsdow jones fut (mar'23)priceswynn resorts ltdnasdaq 100 fut (mar'23)business newsplug power incs&p 500 fut (mar'23)dow jones industrial average

Source: https://www.cnbc.com/2023/11/09/stock-market-today-live-updates.html


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