Stocks Climb as Strength in US Retail Sales Supports Soft Landing Scenario

From Nasdaq: 2024-09-17 13:43:19

Today, the S&P 500, Dow Jones, and Nasdaq are all higher, with positive corporate and economic news boosting stocks. Intel gains on Amazon deal, Microsoft raises dividend, and stock repurchase program. US retail sales and manufacturing stronger than expected. Fed to decide on rate cut at FOMC meeting. Overseas markets mixed, US 10-year T-note down. Various stocks move on analyst upgrades and downgrades, while defense companies fall on report of negotiations between Russia and Ukraine. Earnings report from Ferguson Enterprises.



Read more at Nasdaq: Stocks Climb as Strength in US Retail Sales Supports Soft Landing Scenario