S&P Futures Gain With Focus on U.S. PMI Data and Fed Speak

From Barchart: 2025-01-03 05:42:14

  1. The stock market saw a slight increase today with the Dow Jones rising by 0.5%, the S&P 500 up by 0.3%, and the Nasdaq gaining 0.7%.
  2. Investors are optimistic about the economy as jobless claims fell by 10,000 last week, reaching a total of 220,000.
  3. Tech stocks performed well, with Apple shares rising by 1.5% and Microsoft gaining 2% after announcing strong quarterly earnings.
  4. Oil prices continued to climb, with Brent crude reaching $75 per barrel due to concerns about supply disruptions in the Middle East.
  5. In other news, the Federal Reserve announced plans to keep interest rates steady, citing stable inflation and economic growth.



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