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2024-10-29 19:04:44

wptf.com on Nostr: Stock market today: Wall Street drifts in mixed trading ========== On October 29, ...

Stock market today: Wall Street drifts in mixed trading
==========

On October 29, 2024, Wall Street experienced mixed trading; S&P 500 up 0.3%, Dow Jones down 68 points (0.2%), Nasdaq up 0.7%; Ford shares fell 8.6% due to profit forecast concerns; JetBlue Airways dropped 16.8% despite better-than-expected quarterly results; D.R. Horton fell 8.5% after disappointing earnings; mortgage rates rising due to higher 10-year Treasury yields; consumer confidence increased, job openings decreased; traders adjusting expectations for Federal Reserve interest rate cuts; Trump Media & Technology Group stock rose 12.4% amid improving Trump re-election odds; Alphabet's stock rose 1.7% ahead of profit report; Treasury yields climbed to 4.30%; crude oil prices fell 0.6%.

#StockMarket #WallStreet #Economy #Ford #Jetblue #DrHorton #InterestRates #Trump #Alphabet #TreasuryYields

https://www.wptf.com/2024/10/29/stock-market-today-wall-street-drifts-in-mixed-trading/
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