Wall Street Gains as Investors Eye Inflation and Earnings Reports

Reported about 7 hours ago

On October 8, 2024, Wall Street saw a rise in its main indexes as investors focused on upcoming inflation data and Q3 earnings, following a Monday selloff. The Dow Jones Industrial Average, S&P 500, and Nasdaq Composite all recorded gains, particularly in the technology sector. The market is anticipating consumer price index data and major bank earnings scheduled for later this week to further gauge the trajectory of interest rates amidst changing economic conditions.

Source: YAHOO

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