After briefly touching fresh highs, U.S. equities reversed course Tuesday as investor optimism around softer inflation faded and JPMorgan’s earnings fell short of expectations.
Today's economic news for September 5, 2024, offers a mix of concerning and stabilizing developments across global markets.
Mixed results The Dow finished a quiet week of trading with a roughly 1% gain overall and eclipsed a record high set in mid-July. The S&P 500 finished fractionally higher—ending up less than a percentage point below its mid-July record—while the NASDAQ fell around 1%.
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