Stock market today: Dow, S&P 500, Nasdaq waver with Powell speech, Trump-led sweep in focus
Published On Nov 14, 2024, 9:30 AM
Today, U.S. stock markets saw minor fluctuations as investors awaited a speech from Fed Chair Jerome Powell that could signal the future of interest rate policies. The markets are uncertain about economic impacts following a Republican takeover of Congress, which could influence inflation and economic policies under President-elect Donald Trump. In corporate news, Disney reported earnings that surpassed expectations, leading to an early jump in its stock. Overall, the market is currently sustaining optimism for potential rate cuts amidst various economic indicators.
Stock Forecasts
DIS
Positive
Given the market's responsiveness to the potential for interest rate cuts, and with Disney's strong quarterly results sparking positive sentiments, investors might find opportunities in equities related to favorable economic conditions and strong earnings reports. Disney, in particular, shows bullish potential based on its earnings surprise.
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