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U.S. Stocks Swing Amid Middle East Tensions and Fed Policy /
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2024-05-02 21:05:12

U.S. Stocks Swing Amid Middle East Tensions and Fed Policy on Nostr: Wall Street ends higher as Fed signals dovish bias; jobs report eyed =============== ...

Wall Street ends higher as Fed signals dovish bias; jobs report eyed
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#c0f35c29 ver:0.82

Wall Street rebounds as tensions ease in the Middle East, with Dow Jones, S&P 500, and Nasdaq Composite all seeing gains. Interest rate cut expectations from the Fed are being adjusted after strong economic data, while the PCE index reading for March will further determine monetary policy trajectory. US private payrolls increase, but job openings fall to a three-year low. Fed Chair Jerome Powell indicates potential rate cuts in the future. First-quarter earnings season sees 77% of S&P 500 companies reporting better-than-expected results. #StockMarket #Fed #Earnings...

#newstr #UsStocks #FederalReserve #InterestRateGuidance #TechStocks #ChipStocks #Qualcomm #JoblessClaims #Layoffs #LaborCosts #Productivity #AprilEmploymentReport #Oecd #GlobalGrowthOutlook #EarningsSeason #S&p500 #DowJonesIndustrialAverage #NasdaqComposite

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