Stock market today: Wall Street drifts as oil rises and US economy shows more signs of strength
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U.S. stocks drifted on Thursday, October 3, 2024, with the S&P 500 down 0.4% and the Dow Jones Industrial Average down 273 points (0.6%). Oil prices rose 3.9% to $76.80 amid concerns over Iran's missile attack on Israel. Economic reports showed strong growth in U.S. services, but employment trends may be slowing. The Federal Reserve kept interest rates at a two-decade high, with expectations of future cuts. Levi Strauss shares fell 7.9% despite better-than-expected profits, while Nvidia rose 3.1% amid AI market enthusiasm. The yield on the 10-year Treasury rose to 3.82%.
#StockMarket #OilPrices #UsEconomy #FederalReserve #Employment #LeviStrauss #Nvidia #TreasuryYields #MiddleEast #China
https://www.wptf.com/2024/10/03/stock-market-today-wall-street-drifts-as-oil-rises-and-us-economy-shows-more-signs-of-strength/
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2024-10-03 17:09:13
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wss://nostr.fmt.wiz.bizPublished at
2024-10-03 17:09:13Event JSON
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"content": "Stock market today: Wall Street drifts as oil rises and US economy shows more signs of strength\n==========\n\nU.S. stocks drifted on Thursday, October 3, 2024, with the S\u0026P 500 down 0.4% and the Dow Jones Industrial Average down 273 points (0.6%). Oil prices rose 3.9% to $76.80 amid concerns over Iran's missile attack on Israel. Economic reports showed strong growth in U.S. services, but employment trends may be slowing. The Federal Reserve kept interest rates at a two-decade high, with expectations of future cuts. Levi Strauss shares fell 7.9% despite better-than-expected profits, while Nvidia rose 3.1% amid AI market enthusiasm. The yield on the 10-year Treasury rose to 3.82%.\n\n#StockMarket #OilPrices #UsEconomy #FederalReserve #Employment #LeviStrauss #Nvidia #TreasuryYields #MiddleEast #China\n\nhttps://www.wptf.com/2024/10/03/stock-market-today-wall-street-drifts-as-oil-rises-and-us-economy-shows-more-signs-of-strength/",
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