S&P 500 barely rises as investors await key results, jobs data, Fed meeting

Quick Summary:

THE S&P 500 closed barely higher after Monday's choppy trading session as investors held their breath ahead of a raft of big technology company earnings, a Federal Reserve policy decision on interest-rate cuts and key US labor data, all due this week.

On the Nasdaq, 1,485 stocks rose and 2,731 fell as declining issues outnumbered advancers by a 1.84-to-1 ratio.

On Friday investors will closely monitor the July non-farm payrolls report for signs of possible weakening in the labor market.

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Category: EconomyBusiness

Markets: Malaysia

Topics: NYSE Wall Street Trading Commodities Markets Dow Jones /Business/Business News Dollar Nasdaq

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-30 @ 08:10:00 (6 hours ago)

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Article Length: 598 words

Reading Time: 4 minutes read

Sentences: 24 lines

Sentence Length: 25 words per sentence (average)

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Copyright Owner: © The Star

News ID: 21841738

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Main Topics: EconomyBusiness

Official Website: thestar.com.my

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