Stock Market Today: Upbeat Stocks on Fed Rate Cut Speculation; Focus on Jobs Data

Reported 4 months ago

Stocks rallied as investors speculated on a Fed rate cut later in the year, with the S&P 500 and Nasdaq hitting record highs. The Dow also gained, while Nvidia's surge boosted confidence. Treasury yield dipped following softer data in ISM services report, ADP jobs data, and Bank of Canada's rate cut. Meanwhile, HPE, CrowdStrike, and Dollar General saw notable gains on strong earnings and outlooks.

Source: YAHOO

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