Oddbean new post about | logout
 Stock market today: Wall Street rises closer to its record high
==========

U.S. stocks are nearing all-time highs as of September 12, 2024; S&P 500 up 0.7%, Dow Jones up 147 points (0.4%), Nasdaq up 1%; Nvidia rose 3% after an 8.1% jump previously; Moderna fell 11.9% after pushing back profit expectations to 2028; Treasury yields steady with 10-year yield at 3.67%; Fed expected to cut interest rates next week; Kroger shares up 5.8% after strong profit report; Alaska Air Group up 1.2% after raising profit forecast; American Airlines gained 1.6% after labor contract approval; European Central Bank cut rates by 0.25%; Japan's Nikkei 225 index rose 3.4%.

#StockMarket #Economy #InterestRates #Nvidia #Moderna #Kroger #AlaskaAir #AmericanAirlines #Inflation #FederalReserve

https://lancasteronline.com/business/stock_market/stock-market-today-wall-street-rises-closer-to-its-record-high/article_d2871899-b58b-527e-aaf8-d92be5e26c71.html