Dow, S&P 500 and Stock Market
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US stock futures wavered overnight after snapping a recent losing streak, as signs of cooling inflation and waning AI worries buoyed Wall Street optimism toward the tail end of a topsy-turvy week. Investors have gotten through a catch-up week for economic data with next year's rate-cut hopes intact,
Major stock indexes surged Thursday after delayed Consumer Price Index data came in better than expected, with the blue-chip Dow Jones Industrial Average and benchmark S&P 500 poised to end four-session losing streaks.
The Dow, S&P 500, and Nasdaq rallied Thursday after the November CPI report. The Dow and S&P 500 snapped four-day losing streaks.
European shares were higher today. The eurozone's STOXX 600 gained 0.5%, while Spain's IBEX 35 Index rose 0.7%. London's FTSE 100 gained 0.1%, Germany's DAX 40 rose 0.5% and France's CAC 40 gained 0.4% during the session.
Major stock indexes fell Wednesday, with the S&P 500 and Dow Jones Industrial Average on pace for a fourth consecutive decline, as AI bubble concerns resumed and investors digested tepid labor data.
A day that featured the biggest initial public offering in four years also saw the Nasdaq Composite close sharply lower. The tech-heavy index slid 1.8%. The S&P 500 dropped 1.1%. The Dow Jones Industrial Average fell 230 points, or 0.5%. The S&P and Dow extended their respective losing streaks to four days.
Investor's Business Daily on MSN
Stock market today: Dow slides, Nasdaq positive after jobs data; Nvidia rises (live coverage)
The S&P 500 gave up 0.2%, with Pfizer off more than 3%. The tech-heavy Nasdaq composite edged into positive ground with a 0.2% gain on Tuesday. The tech-dominated index broke a three-day losing streak.
Chemical giant Dow has been caught up in an industrywide slump for more than a year. The company cut its dividend in April, which resulted in a big share price drop. Even before that slump, Dow's stock was slightly lagging the market.
All three major U.S. stock indexes finished lower on Wednesday as a selloff in Oracle and a number of chip stocks dragged popular AI names lower.
Barchart on MSN
Is Hasbro Stock Outperforming the Dow?
As Hasbro has outperformed relative to the Dow over the past year, Wall Street analysts maintain a bullish outlook on the stock’s prospects.