US EditionWall Street advances after strong bank earnings
9 Articles
9 Articles
A renewed wave of dip buying fueled a rally in stocks as the early earnings season underscores the strength of U.S. companies amid bets that the Federal Reserve's rate cuts will maintain the positive trajectory.
Wall Street: Wall Street opens higher, corporate profits accelerate - News Bulletin 247
PARIS (Reuters) – The New York Stock Exchange opened higher on Wednesday, driven by the semiconductor and banking sectors, as well as the hope of further cuts in interest rates in the United States the day after a speech by Jerome Powell, the president of the Federal Reserve. In early trading, the Dow Jones index gained 174.18 points, or 0.38%, to 46,444.64 points. The broader Standard & Poor’s 500 rose 44.26 points, or 0.67%, to 6,688.57 points…
The stock market recovered strongly as investors' confidence was boosted by better-than-expected results and expected interest rate cuts from the US Federal Reserve.
Washington - The New York Stock Exchange was increasing on Wednesday after a supply of better than expected quarterly results, welcoming also the prospect of a further monetary easing of the US central bank (Fed). At about 1350 GMT, the Dow Jones won 0.46%, the Nasdaq index took 0.65% and the expanded S&P 500 index increased by 0.63%. "Today, investors are confident," and several securities "are rising after the publication of their quarterly pe…
The Dow Jones Industrial index gains 0.73 percent to 46,610 points in early business.
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