S&P 500 rises as Fed decides to hold rates steady: Live updates
Publishing timestamp: 2024-05-02 13:47:34
Summary
Stocks rose as investors looked ahead to more corporate earnings and key labor report. Qualcomm, Carvana, and Moderna saw gains, while DoorDash and Peloton faced losses. Earnings season continues with reports from Apple, Amgen, Coinbase, and DraftKings. BMO Capital Markets chief investment strategist believes the market correction is not over yet. Japanese yen strengthened against the US dollar. Jeffrey Gundlach anticipates the Federal Reserve will cut rates once this year. Major averages are on track to see losses for the week.
Sentiment: MIXED
Tickers: W, DASH, @DJ.1, .STOXX, .IXIC, .DJI, DKNG, EBAY, JPY=, MRNA, 9866-HK, NKE, DBSM-SG, BAX, CVS, CF, BA, PTON, AAPL, AMGN, ETSY, CVNA, QCOM, AMZN, IBUY, NVDA, COIN, @ND.1, MOS, LIN, UNH, .SPX, @SP.1,
Keywords: dow jones fut (mar'23), moderna inc, nasdaq 100 fut (mar'23), doordash inc, apple inc, jerome powell, nasdaq composite, s&p 500 fut (mar'23), peloton interactive inc, qualcomm inc, business news, coinbase global inc, amgen inc, breaking news: markets, markets, dow jones industrial average, s&p 500 index, united states, draftkings inc, stock markets,
Source: https://www.cnbc.com/2024/05/01/stock-market-today-live-updates.html