Stock market today: Dow falls, Nasdaq and S&P 500 rise amid fresh wave of earnings, jobs data

Published On Oct 29, 2024, 11:28 AM

The stock market experienced mixed results today, with the Dow Jones Industrial Average falling while the Nasdaq and S&P 500 saw gains. This divergence comes amid a new wave of corporate earnings reports and jobs data, which could affect investor sentiment and market direction. Investors are closely monitoring these earnings as they may indicate broader economic trends and forecasts.

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The mixed performance of the index suggests investors are reacting to positive earnings from technology and growth-oriented companies, which are typically more represented in the Nasdaq. The jobs data could also indicate the overall health of the labor market, influencing monetary policy. Given the current trends, tech stocks are likely to see continued interest.

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