From Barchart: 2024-09-17 13:43:13

Stocks traded mixed today with the S&P 500 and Nasdaq 100 up, while the Dow Jones Industrials were down slightly. Positive news from Intel and Microsoft boosted optimism. Retail sales and manufacturing production reports also supported the market. The FOMC meeting this week will determine potential rate cuts. Overseas markets were also mixed. Interest rates showed some volatility with T-notes initially moving higher on rate cut speculation. Some European government bond yields were also up. Several stocks like Airbnb and HP Enterprise saw notable gains, while companies like Accenture and Atlassian experienced losses. Ukraine ceasefire negotiations affected defense stocks. Earnings reports for Ferguson Enterprises Inc were due on 9/17/2024.



Read more at Barchart: Stocks Supported by Optimism About the US Economic Outlook