Here are the most important news items that investors need to start their trading day:
1. Shaking it off
Stocks bounced back a little Tuesday following some recent declines. The Dow snapped a six-session losing streak, while the S&P 500 and the Nasdaq jumped even higher. All in all, it’s been a good quarter for stocks, particularly for the Nasdaq. The tech-heavy index, already up nearly 30% so far this year after a dour 2022, is on track for its best first half in four decades, benefiting from the rapid rise of generative AI. On Wednesday, meanwhile, investors will hear from Federal Reserve Chairman Jerome Powell, who will speak at an event in Portugal alongside other central bankers. Follow live market updates.
Support authors and subscribe to content
This is premium stuff. Subscribe to read the entire article.