wptf.com on Nostr: Stock market today: Wall Street rises toward records after Shanghai's worst drop ...
Stock market today: Wall Street rises toward records after Shanghai's worst drop since early COVID
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U.S. stocks rose on October 9, 2024, with the S&P 500 up 0.7% and the Dow Jones Industrial Average up 376 points (0.9%). Cruise-ship companies led gains, with Norwegian Cruise Line up 10.2% after a Citi upgrade. Helen of Troy surged 20.1% on better-than-expected earnings. Boeing fell 2.4% after withdrawing a contract offer to striking workers. Alphabet dropped 1.4% amid potential breakup discussions. Shanghai stocks tumbled 6.6%, marking their worst loss since February 2020, while Hong Kong's Hang Seng index fell 1.4%. Oil prices eased, with Brent crude at $76.65 per barrel. The 10-year Treasury yield rose to 4.05%. The Federal Reserve is expected to provide insights on interest rates later today.
#StockMarket #WallStreet #Economy #CruiseIndustry #Boeing #Alphabet #China #OilPrices #FederalReserve #TreasuryYields
https://www.wptf.com/2024/10/09/stock-market-today-wall-street-rises-toward-records-after-shanghais-worst-drop-since-early-covid/
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U.S. stocks rose on October 9, 2024, with the S&P 500 up 0.7% and the Dow Jones Industrial Average up 376 points (0.9%). Cruise-ship companies led gains, with Norwegian Cruise Line up 10.2% after a Citi upgrade. Helen of Troy surged 20.1% on better-than-expected earnings. Boeing fell 2.4% after withdrawing a contract offer to striking workers. Alphabet dropped 1.4% amid potential breakup discussions. Shanghai stocks tumbled 6.6%, marking their worst loss since February 2020, while Hong Kong's Hang Seng index fell 1.4%. Oil prices eased, with Brent crude at $76.65 per barrel. The 10-year Treasury yield rose to 4.05%. The Federal Reserve is expected to provide insights on interest rates later today.
#StockMarket #WallStreet #Economy #CruiseIndustry #Boeing #Alphabet #China #OilPrices #FederalReserve #TreasuryYields
https://www.wptf.com/2024/10/09/stock-market-today-wall-street-rises-toward-records-after-shanghais-worst-drop-since-early-covid/