Stock market today: Stocks inch up as Treasury yields ease, but weekly losses loom

Published On Oct 25, 2024, 9:31 AM

U.S. stocks showed slight gains as Treasury yields dropped, helping to relieve some pressure on risk appetite amid ongoing earnings releases. The S&P 500 rose about 0.5%, with the Dow Jones and Nasdaq also witnessing minor increases. Despite these gains, the market is positioned for a generally downbeat week due to previous losses sustained from rising yields and concerns regarding the Federal Reserve’s slow approach to interest rate cuts. Investors are also awaiting upcoming corporate earnings from major companies like Alphabet and Meta. Tesla's recent earnings have fallen slightly despite a profitable quarter.