Stock market today: Nasdaq heads for record close as investors await Alphabet earnings
Published On Oct 29, 2024, 3:00 PM
Tech stocks, led by strong performances from companies like Broadcom, experienced a mixed day for the markets as investors reacted to job openings data and awaited significant earnings reports, notably from Alphabet. The Nasdaq Composite rose 0.8%, while the S&P 500 increased by 0.3%. However, the Dow Jones Industrial Average dipped slightly. The job openings in September showed a decrease, which may influence the Federal Reserve's upcoming interest rate decisions. Market expectations are building as the earnings season progresses, with many high-profile companies announcing their results soon.