- U.S. stocks rose on Tuesday after tame inflation data supported the Federal Reserve’s dovish stance on future rate hikes, but Boeing’s fall for a second straight day in a row pressured the Dow.
“The takeaway from the data was that inflation is in check and that would allow the Fed to remain patient and that is always good for equities,” said Chris Zaccarelli, chief investment officer for Independent Advisor Alliance in Charlotte, North Carolina. “The airlines industry as a whole is now exposed to political pressure and potentially some industry pressure that wasn’t there a few days ago,” Zaccarelli said.
At 12:31 p.m. ET the Dow Jones Industrial Average was down 74.29 points, or 0.29 percent, at 25,576.59, the S&P 500 was up 11.88 points, or 0.43 percent, at 2,795.18 and the Nasdaq Composite was up 49.37 points, or 0.65 percent, at 7,607.44.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Wall Street lifted by tech shares, heavyweight Boeing pares lossesU.S. stocks rose after five straight sessions of declines on Monday boosted by t...
Source: Reuters - 🏆 2. / 97 Read more »
Boeing stock falls sharply as crisis mounts over 737 MAX crashesThe tragic Ethiopian Airlines crash on Sunday is raising doubts on Wall Street about Boeing. 🤔 I know they recently moved a lot of the finishing production to China over the years, I wonder if this is a component that was put in over there . they should increase their sale! The eastern countries are the best markets! cnnbrk
Source: CNN - 🏆 4. / 95 Read more »
Wall Street bonuses reportedly being targeted again by bank regulatorsBanks faced a backlash over pay after the crisis because some traders and executives reaped millions of dollars for taking risks that later blew up. Like they didn’t know that this is where the bulk of the 20% corporate tax reduction was going? A fifth grader could have got it right on this one!!!!
Source: CNBC - 🏆 12. / 72 Read more »
Wall Street hasn't been this bearish on Apple in 15 yearsWall Street analysts have the lowest percentage of buy ratings on Apple's stock in 15 years. Here's what that could mean for the stock's trajectory. Just walk into ANY Apple store, the ATTITUDE of their staff on the floor is as though we (the customer) has entered their OWN house to beg for alms Apple , boeing , Tesla crash Lol when the president doesn't even know who the heck you are...😂
Source: CNBC - 🏆 12. / 72 Read more »
Limits on Wall Street Pay Are Back on Regulators’ AgendaLong-dormant efforts to restrict Wall Street pay are back on the agenda as regulators turn to unfinished business left over from the 2010 financial overhaul.
Source: WSJ - 🏆 98. / 63 Read more »
Wall Street sinks for third day as healthcare, energy slumpWall Street's main indexes fell for a third session on Wednesday, with the ... Speaking of slumps, I am sure that someone will write a book calling this era 'The Trump Slump.' was it supposed to go up indefinitely? $SPY $SPX $QQQ $VIX $IWM $RUT $XLE $DIA $USD $GDX
Source: Reuters - 🏆 2. / 97 Read more »
Meghan McCain Pushes Myth That Women's Health Advocates Support InfanticideMeghan McCain just equated abortion access with infanticide in a reckless WallStreet Journal op-ed After birth abortion is infanticide. And the journal printed it. All lies. Disgusting MeghanMcCain Your courage is admirable and your dad would be proud. Thank you for speaking up for those with no voice- even when it’s not popular! thisiscourage infanticideiswrong fetusliabilityisdeterminedbyGod
Source: YahooNews - 🏆 380. / 59 Read more »
Wall Street snaps five-day losing streak despite Boeing's dropU.S. stocks jumped on Monday as the technology sector led a broad-based rebound ... What goes up must come down...... Boeing or not. Because America's people are the best investment on the planet minus the many whining losers who can do nothing but complain. Free is only a word not a reality.
Source: Reuters - 🏆 2. / 97 Read more »
Wall Street is in full sell mode on Deutsche BankWall Street analysts are negative on Deutsche Bank with only one of 32 analysts recommending a buy on the stock, as the bank faces many challenges.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Wall Street Makes Correct Call On China StimulusInvestors have won the bet that Xi Jinping will cave on stimulus. So far, he has. Real estate may be next.
Source: Forbes - 🏆 394. / 53 Read more »