10/29/2023 0 Comments Ford focus as built dataThat’s a signal of a healthy economy and likely a result of a still-solid job market, which should help support profits at companies. retailers last month than economists expected. But those worries have receded a bit to put the focus back on what usually drives the stock market’s long-term movements: where interest rates and corporate profits are heading.Ī report Tuesday showed that shoppers spent more at U.S. The Dow Jones industrial average added 13.11 points, or less than 0.1%, to 33,997.65 and the Nasdaq composite fell 34.24 points, or 0.3%, to 13,533.75.įinancial markets have been shaky in recent weeks due to worries about war in the Middle East and its potential effect on oil prices. The Standard & Poor’s 500 index edged down by 0.43 of a point, which is well less than 0.1%, to 4,373.20 after flipping between small gains and losses through the day. economy remains solid, though perhaps too strong for the Federal Reserve’s liking. Wall Street drifted to a mixed finish Tuesday following the latest signal that the U.S.
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