Dow and
S&P 500 have recorded new highs multiple times recently, buoyed by positive
bank earnings and despite turbulence created by hot inflation data.
JPMorgan earnings surprise has played a significant role in uplifting the market sentiment. Nonetheless, rising Treasury yields and unpredictable oil prices have occasionally caused the market to waver.
Investors are cautiously awaiting key inflation data amidst this rally. Meanwhile,
Nvidia and
Honeywell have emerged as significant movers in the market, with the former making strides due to its chipmaker's strong sales and the latter planning a spinoff.
Tesla's Robotaxi event and the Federal Reserve rate cuts have also been a point of focus. Market dynamics remain complex as investors deal with rumors of the Federal Reserve Bombshell and the 'Fear' phenomenon gripping the Bitcoin Price concurrently.
Dow Stocks DOW News Analytics from Mon, 16 Sep 2024 07:00:00 GMT to Sat, 12 Oct 2024 21:27:00 GMT -
Rating 8
- Innovation 3
- Rumor 5
