US Edition
US Stocks Set Another Record and Yields Leap on Signals the US Economy Is Solid
- On Wednesday, the S&P 500 rose 0.5% to a record high, with the Toronto Stock Exchange’s S&P/TSX composite index opening at 26,867.18 points amid rising Fed rate cut bets to 27.4%.
- Following the U.S.-Vietnam trade deal imposing 20% tariffs and ADP data showing 33,000 private payrolls fell, investors anticipate Fed rate cuts.
- The NYSE saw 358 new highs and 41 lows, with Nvidia up 2.6%, Apple 2.2%, and Tesla shares climbing 5%.
- Investors now anticipate Thursday's nonfarm payroll report, which will influence Fed rate decisions amid trade optimism and labor data concerns.
Insights by Ground AI
Does this summary seem wrong?
Podcasts & Opinions
88 Articles
88 Articles
All
Left
18
Center
24
Right
8
Daily Journal+25 Reposted by 25 other sources
US stocks set another record and yields leap on signals the US economy is solid
U.S. stocks climbed further into record heights after a report showed the U.S. job market looks stronger than Wall Street expected. The S&P 500 rose 0.8% Thursday and set an all-time high for the fourth time in five days. The…
·Cherokee County, United States
Read Full Article
Treasuries Sink and Stocks Rise on Solid Jobs Data: Markets Wrap
Treasuries fell and the dollar rose as stronger-than-forecast employment growth soothed concern the US economy is poised to slow, stanching speculation the Federal Reserve will need to cut interest rates any time soon. Stocks hit fresh all-time highs.
·United States
Read Full Article
Coverage Details
Total News Sources88
Leaning Left18Leaning Right8Center24Last UpdatedBias Distribution48% Center
Bias Distribution
- 48% of the sources are Center
48% Center
L 36%
C 48%
R 16%
Factuality
To view factuality data please Upgrade to Premium
