US Markets Reach Record Highs Amid Tech Surge and Economic Uncertainty

US stock benchmarks reached record highs as technology stocks rallied following strong earnings from Salesforce and Marvell Technology.

The Dow Jones Industrial Average, S&P 500, and Nasdaq Composite all achieved all-time intraday highs during the session, with the Dow surpassing the 45,000 mark for the first time.

Investors are now awaiting US employment data, with economists predicting an addition of 214,000 jobs in November.

American Eagle Outfitters has lowered its full-year sales guidance and provided a pessimistic outlook for the holiday season, indicating challenges for the apparel retailer.

Bank of England Governor Andrew Bailey has suggested the possibility of four interest rate cuts in the coming year if inflation continues to decline.

The French government has been toppled following a vote of no confidence, resulting in a significant change in the country's political landscape.

Trending
Subcategory:
Countries:
Companies:
Currencies:
People:

Machinary offers a groundbreaking, modular, and customizable solution that provides advanced financial news and statistical analysis. Our platform goes beyond traditional quantitative analysis, offering users a comprehensive understanding of real-time market dynamics, event detection, and risk analysis.

Address

Waitlist

We’re granting exclusive early access to the first 500 users from december 20.

© 2024 by Machinary.com - Version: 1.0.0.0. All rights reserved

Layout

Color mode

Theme mode

Layout settings