financetom
Market
financetom
/
Market
/
US STOCKS SNAPSHOT-Wall Street opens higher following Friday's dramatic selloff
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
US STOCKS SNAPSHOT-Wall Street opens higher following Friday's dramatic selloff
Aug 4, 2025 7:04 AM

Aug 4 (Reuters) - Wall Street's main indexes opened

higher on Monday after a sharp pullback in the previous session,

as markets priced in prospects of deeper rate cuts by the

Federal Reserve following a surprisingly soft jobs report.

The Dow Jones Industrial Average rose 135.4 points,

or 0.31%, at the open to 43724.02. The S&P 500 rose 33.7

points, or 0.54%, to 6271.71​, while the Nasdaq Composite

rose 203.8 points, or 0.99%, to 20853.907.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Sector Update: Health Care
Sector Update: Health Care
Jun 21, 2024
03:28 PM EDT, 06/21/2024 (MT Newswires) -- Health care stocks were edging up late Friday afternoon, with the NYSE Health Care Index and the Health Care Select Sector SPDR Fund (XLV) each adding 0.2%. The iShares Biotechnology ETF (IBB) rose 1%. In corporate news, Iterum Therapeutics ( ITRM ) shares jumped 8.7% after the US Food and Drug Administration referred...
Canada Inflation Likely Eased in May, RBC Economics Says
Canada Inflation Likely Eased in May, RBC Economics Says
Jun 22, 2024
07:20 PM EDT, 06/22/2024 (MT Newswires) -- RBC Economics on Friday said it expects inflation likely eased in May, expecting Statistics Canada on Tuesday to report the consumer price index fell to 2.6% last month from 2.7% in May. If RBC is right, May will be the fifth-straight month inflation has stayed within the Bank of Canada's 1% to 3%...
Wall St Week Ahead-Rally in U.S. big tech stocks may be getting stretched
Wall St Week Ahead-Rally in U.S. big tech stocks may be getting stretched
Jun 23, 2024
NEW YORK, June 21 (Reuters) - A blistering rally in U.S. big tech stocks may be due for a breather, offering hope for market segments that have been more tepid this year. Although the S&P 500 is up 14.6% this year, most of the broader index's gains have been concentrated in the information technology and communications sectors - up 28.2%...
Japan's Nikkei squeezes out gains in choppy session
Japan's Nikkei squeezes out gains in choppy session
Jun 23, 2024
TOKYO, June 24 (Reuters) - Japan's Nikkei share average eked out gains on Monday after a mixed session on Wall Street last Friday, with export-related stocks getting some support from a weaker yen. The S&P 500 and Nasdaq closed slightly lower on Friday while the Dow ended almost flat, with technical factors and a second day of declines for Nvidia...
Copyright 2023-2026 - www.financetom.com All Rights Reserved