US stocks: Nasdaq rises while S&P, Dow dip as softer inflation cools Fed hike bets
On Wednesday, inflation data led to mixed market movements, with the Nasdaq increasing slightly. The Dow and S&P 500 faced declines, although both indexes posted quarterly gains. Private employers added 90,000 jobs in September, contributing to labor market reports this week. The S&P 500 achieved new highs while also experiencing several lows in its performance. Rising...
Key Takeaways
- On Wednesday, inflation data led to mixed market movements, with the Nasdaq increasing slightly.
- The Dow and S&P 500 faced declines, although both indexes posted quarterly gains.
- Private employers added 90,000 jobs in September, contributing to labor market reports this week.
On Wednesday, inflation data led to mixed market movements, with the Nasdaq increasing slightly. The Dow and S&P 500 faced declines, although both indexes posted quarterly gains. Private employers added 90,000 jobs in September, contributing to labor market reports this week. The S&P 500 achieved new highs while also experiencing several lows in its performance. Rising concerns about inflation continue to influence economic outlooks and Federal Reserve expectations.
Original Publisher Attribution
This summary was curated from Economic Times.