Stock market today: Dow, S&P 500, Nasdaq rise to kick off busy week of key data, Big Tech earnings
Published On Oct 28, 2024, 9:30 AM
US stocks gained on Monday, with major indices like the Nasdaq, S&P 500, and Dow Jones seeing positive movement, attributed to reduced fears of escalation in the Middle East conflict and anticipation of upcoming Big Tech earnings and key economic data this week. Notably, investors await earnings reports from several major tech companies, including Alphabet, Apple, Amazon, Microsoft, and Meta. The week is crucial as it will also include important inflation and jobs reports that might influence Federal Reserve policy regarding interest rates.