Improved inflation data and strong earnings boost market confidence, with hopes for a Fed rate cut in September.
Tag: S&P 500 and Nasdaq
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FTSE 100 news- Stocks Tumble at August Start as Economic Data Sparks Slowdown Concerns
U.S. stocks dropped in August after economic data raised fears of a faster-than-expected slowdown, despite early gains from Meta's strong results.
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SP 500 news- S&P 500 and Nasdaq reach new record closings on optimistic data sparking rate cut expectations
The text summarizes market movements on July 3, 2024, noting record highs for the S&P 500 and Nasdaq due to positive economic data hinting at Fed rate cuts.
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Share market today open- Wall Street prepares for the second half with rising stock futures
The S&P 500 and Nasdaq indices, led by technology stocks, recorded significant increases compared to the previous quarter. Analysts anticipate continued momentum in the technology sector throughout the summer.
