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Published 17 days ago

Stock market today: Wall Street gains as earnings come in ahead of more labor market data

Summary by News 4 JAX
Wall Street continued to push higher Thursday after markets swung to a mixed finish a day earlier on news that the Federal Reserve was delaying cuts to interest rates.Futures for the S&P; 500 surged 0.6% before the bell, while futures for the Dow Jones Industrial Average were 0.4% higher. On Wednesday, Federal Reserve Chair Jerome Powell said it will likely take “longer than previously expected” to get confident enough to cut rates, a move that …

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