U.s. Stocks Surge On Powell Remarks, Jobs Report

U.S. stocks rose sharply, bouncing back from their worst two-day start to a year since 2000. The Dow industrials rose 3.3%, the S&P 500 rose 3.4% and the Nasdaq Composite gained 4.3%.

Topics:  the dow   s&p   nasdaq composite   u.s stocks   rose   
BING NEWS:
  • Stock Market Today: Stocks Stabilize After Powell's Rate-Cut Warning
    The analyst believes Super Micro Computer can post annual earnings of $50 to $60 per share by fiscal 2026 on revenue of $30 billion to $40 billion. For context, the company reported fiscal 2023 ...
    04/16/2024 - 9:11 am | View Link
  • Stocks wobble after Powell warns that rate cuts will likely come later than expected
    US stocks wavered Tuesday after Federal Reserve Chair Jerome Powell said a “lack of further progress” on inflation means the central bank likely won’t cut interest rates ...
    04/16/2024 - 5:39 am | View Link
  • Stocks end the day higher even as blowout jobs report pushes some Fed officials to consider another rate hike
    Bowman's remarks ... Powell said earlier in the week. But it's certainly something officials are monitoring. New inflation data is set to be released next week. Stocks rallied Friday midday following ...
    04/5/2024 - 10:11 am | View Link
  • U.S. Job Growth Much Stronger Than Expected
    Employers added 303,000 jobs in March, the 39th straight month of growth. The unemployment rate fell to 3.8 percent. Monthly change in jobs +303,000 jobs in March +300,000 jobs +200,000 +100,000 ...
    04/5/2024 - 3:53 am | View Link
  • Stock Market Today: Stocks lower with jobs data and Powell speech in focus
    Stocks ended lower again Tuesday, with the S&P 500 shedding around 38 points, as benchmark 10-year note yields hit a four-month high of 4.4%. The market moves followed stronger-than-expected ...
    04/3/2024 - 12:06 am | View Link
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