Dow rises, putting index on track for 8-day winning streak: Live updates
Publishing timestamp: 2024-05-10 13:48:01
Summary
The Dow Jones Industrial Average rose on Friday, with the S&P 500 and Nasdaq also seeing gains. However, consumer sentiment data showed a big uptick in inflation expectations, causing some concern in the market. Investors are optimistic about a potential rate cut by the Federal Reserve, supported by strong earnings and softer labor data.
Sentiment: MIXED
Tickers: @DJ.1, .IXIC, @SP.1, @ND.1, MMM, .SPX, .DJI,
Keywords: dow jones fut (mar'23), dow jones industrial average, 3m co, nasdaq 100 fut (mar'23), s&p 500 fut (mar'23), markets, united states, breaking news: markets, stock markets, business news, nasdaq composite, s&p 500 index,
Source: https://www.cnbc.com/2024/05/09/stock-market-today-live-updates.html