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Asian Markets Rise as Middle East Tensions Ease and Traders Await US Inflation Data /
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2024-05-06 09:58:17

Asian Markets Rise as Middle East Tensions Ease and Traders Await US Inflation Data on Nostr: Amazon and Apple Earnings Boost Stock Market Momentum Amidst Changing Economic ...

Amazon and Apple Earnings Boost Stock Market Momentum Amidst Changing Economic Narrative
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#10d0212a ver:1.03

Positive earnings reports from Amazon and Apple, along with a weaker-than-expected jobs report, boosted the stock market. The S&P 500 closed up 1.26%, the Dow Jones Industrial Average closed up 1.18%, and the Nasdaq composite closed up 1.99%. Apple's stock surged 7% after reporting strong earnings and announcing a $110 billion stock buyback program. The market is anticipating Apple's plans for generative artificial intelligence at its Worldwide Developers Conference. The Federal Reserve's decision to keep interest rates unchanged also contributed to the market's momentum. #StockMarket #Earnings #Apple #Amazon...

#newstr #StockMarket #Earnings #BondYields #S&p500 #DowJones #Nasdaq #Equities #WallStreet #UsEconomy #Stagflation #Softlanding #Volatility

https://here.news/story/10d0212a?ver=1.03
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