Stock Market News Today: Dow Eyes 9-Day Win Streak
Initial jobless claims fell to 228,000 last week, below estimates for 242,000, suggesting that the labor market and economy are resilient.
Source: businessinsider.com
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Stock Market News Today: Dow Jones Notches a 9-Day Win Streak
The nine-day win streak was the Dow Jones Industrial Average's longest since a 12-day run of gains in February 2021.
Source: businessinsider.com
Stock Market News Today: Cool Inflation, Earnings Drive Weekly Gain
Earnings results from JPMorgan, Wells Fargo, and BlackRock beat analyst estimates and showed no signs of a slowing economy.
Source: businessinsider.com
Stock Market News Today: Fed Chair Powell Warns More Interest Rate Hikes
"Although policy is restrictive, it may not be restrictive enough and it has not been restricted for long enough," Fed Chair Jerome Powell said.
Source: businessinsider.com
Stock Market News Today: Traders Watch Debt Limit Bill Move Through Congress
Investors are also looking to the Fed's next policy meeting June 13-14, when central bankers will decide their next move.
Source: businessinsider.com