Wall Street drifts around its records
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JPMorgan CEO Jamie Dimon says a U.S. recession could hit in 2026, a warning to markets not to get complacent despite strong GDP growth and AI optimism
Get this week's Wall Street preview: key economic data, Fed rate outlook, and Nike earnings. Stay ahead of stock market trends.
Wall Street rolled to more records after mixed data on the economy cemented expectations for coming cuts to interest rates
Wall Street tacked on some more gains as it glided to the finish of its latest record-setting week. Plus: The United Nations will draw foundations and nonprofits to New York for a packed schedule
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Wall St Week Ahead: Investors look to jobs data to support rate-cut path, pricey stock market
Next week's U.S. jobs data may need to tread a fine line for Wall Street, revealing a cooling labor market that supports further interest rate cuts without fueling fears about a recession.
Dow futures remained in flat territory on Tuesday, after Wall Street enjoyed a strong rally that pushed major indexes to record highs. Futures for the Dow Jones Industrial Average were just 29 points up,
Stocks kicked off the week near record highs on Monday as investors looked ahead to earnings season to weigh whether the AI boom, Fed easing, and resilient economic data can keep powering the rally higher.
U.S. stocks closed lower on Tuesday as investors, deprived of economic data resulting from the shuttered government, looked to secondary indicators and remarks from U.S. Federal Reserve officials for clues regarding economic weakness and monetary policy.