S&P 500, NASDAQ Reach for New Records. Dow Isn't Far Behind.
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Investor's Business Daily on MSNStock Market Today: Dow Jones Index Dips As Inflation Expectations Fall; Netflix Dives After Earnings, Gives Sell Signal (Live Coverage)Major stock indexes weren't moving much in the stock market today, but several top stocks made big moves Friday.
US stock futures rose slightly on Friday (July 18) after the S&P 500 closed at a record high in the previous session, with major indexes on pace to end the week in positive territory. Futures tied to the S&P 500 and Nasdaq-100 each ticked up 0.
Tech led US stocks on Tuesday as a key consumer inflation print showed inflation accelerated in June, big banks kicked off earnings season, and Nvidia was set to receive a green light for trade with China from the Trump administration.
Dow Jones pulled back as 3M declined by 4.2%. The stock found itself under pressure despite the strong earnings report. Traders decided to use the report as an opportunity to take profits near yearly highs.
The Dow Jones Industrial Average (DJIA) wobbled on Friday, testing fresh weekly highs on consumer sentiment and inflation expectations data. However, the Dow backslid after earnings misses in key overweight companies dragged the index sharply lower to round out the trading week.
Stocks were taken on a wild ride Wednesday as a White House official indicated to CNBC that Trump was moving closer to firing Powell from his post as Fed Chair.
US Stock market today ended higher as the Dow Jones, S&P 500, and Nasdaq all posted modest gains amid upbeat earnings reports and a surprise jump in retail sales. Investors are cautiously optimistic despite political tension as President Trump continues pressuring Fed Chair Jerome Powell over interest rate cuts.
Dollarama Inc. closed 4.4% short of its 52-week high of C$196.46, which the company reached on June 11th.
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Investor's Business Daily on MSNDow Jones Futures: Nvidia Chipmaker Taiwan Semiconductor, GE Aerospace Rise On Earnings; Netflix LoomsDow Jones futures were little changed early Thursday, along with S&P 500 futures and Nasdaq futures. NvidiaNVDA chipmaker Taiwan SemiconductorTSM and GE AerospaceGE jumped on strong earnings and guidance.