S&P 500 rises slightly Friday, but still heads for first losing streak in 10: Live updates
Publishing timestamp: 2024-01-05 12:53:40
Summary
The S&P 500 and Nasdaq Composite are on track to break their nine-week winning streaks as traders assess economic data and the potential for interest rate cuts. The job market is strong, but there are concerns about inflation and the pace of rate cuts. Tech stocks, like Apple, have been downgraded, and there is volatility in the market. Cash inflows are high, and there is speculation about the upcoming U.S. presidential election. The article also mentions specific companies and their stock movements.
Sentiment: MIXED
Tickers: OKTA, JPM, HIG, .IXIC, PTON, .DJI, L, ELAN, .SPX, @ND.1, @DJ.1, BK, WBA, COST, SIRI, US10Y, AXP, AAPL, SYF, @SP.1, COF,
Keywords: nasdaq composite, markets, dow jones industrial average, nasdaq 100 fut (mar'23), business news, s&p 500 index, dow jones fut (mar'23), u.s. 10 year treasury, apple inc, stock markets, breaking news: markets, united states, s&p 500 fut (mar'23), economic events,
Source: https://www.cnbc.com/2024/01/04/stock-market-today-live-updates.html