Sun, February 9, 2025
Sat, February 8, 2025
[ Sat, Feb 08th ] - techUK
AI Action Summit: Day 1
Fri, February 7, 2025
[ Fri, Feb 07th ] - Indiatimes
RBI MPC Meeting Live
Thu, February 6, 2025
Wed, February 5, 2025
Tue, February 4, 2025
Mon, February 3, 2025
[ Mon, Feb 03rd ] - Forbes
Belle Wong, J.D.
Sun, February 2, 2025
Sat, February 1, 2025
[ Sat, Feb 01st ] - Reuters
Budget 2025 Highlights

Stock market today: Most of Wall Street rises as earnings reporting season ramps up


//business-finance.news-articles.net/content/202 .. rises-as-earnings-reporting-season-ramps-up.html
Published in Business and Finance on by MSN   Print publication without navigation

Wall Street is drifting Wednesday as gains for most stocks outweigh drops for Alphabet and some other big-name companies following their latest profit reports. The S&P 500 was 0.2% higher in late trading.

The article from MSN Money discusses the performance of Wall Street on a day when the focus returned to corporate earnings reports. The S&P 500, Dow Jones Industrial Average, and Nasdaq all saw slight increases, with the S&P 500 up by 0.3%, the Dow by 0.2%, and Nasdaq by 0.4%. This movement was influenced by a mix of economic indicators and corporate earnings. Notably, companies like United Airlines reported better-than-expected profits, boosting its stock by 6.6%, while J.B. Hunt Transport Services saw a decline after missing profit expectations. Additionally, the market was reacting to broader economic signals, including a drop in Treasury yields following a report on U.S. business activity which indicated a slowdown, potentially signaling a cooling economy. This could influence the Federal Reserve's decisions on interest rates, with investors now looking forward to upcoming economic data releases and Fed Chair Jerome Powell's comments for further market direction.

Read the Full MSN Article at:
[ https://www.msn.com/en-us/money/other/stock-market-today-wall-street-edges-higher-as-focus-returns-to-profit-reports/ar-AA1yqJze ]

Publication Contributing Sources