dow, inflation and Wall Street stocks
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The Dow Jones Industrial Average hit a record on Tuesday as the floodgates opened for companies reporting how much profit they made during the summer. The Dow rose 218 points, or 0.5%, and topped its prior all-time high,
Dow Inc.’s shares rose in premarket trading as improved volumes in the industrial unit helped reduce its loss from the previous quarter more than analysts expected.
Global markets showed mixed performance on Tuesday as investors prepared for upcoming US inflation data and continued to assess third-quarter earnings. The S&am
U.S. stocks and the price of gold fell, as momentum on Wall Street reverses. The S&P 500 sank 0.5% Wednesday, though it’s still not far below the all-time high it set earlier this month.
Stocks rose to begin a busy week that will see a flurry of corporate earnings reports, with investors also awaiting further developments on the trade front and inflation data that will factor into the Federal Reserve's upcoming decision on interest rates.
S&P 500 added 0.44 to 6,715.79 points. The Dow Jones Industrial Average climbed 238.56 to 46,758.28, and the Nasdaq composite fell 63.54 to 22,780.51.
U.S. stocks rose to the cusp of their records. The S&P 500 climbed 0.6% Thursday and is just 0.2% below its all-time high set earlier this month.