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US stocks surged on Friday, as upbeat earnings from Apple lifted spirits and a weaker-than-expected jobs report revived bets that the Federal Reserve could cut interest rates sooner than thought.
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US stocks strode higher Thursday in a calm after the Fed day storm, as investors set aside rate worries for now to focus on Apple earnings and the coming monthly jobs report.
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US stocks were a mixed bag on Wednesday as investors digested commentary from the Federal Reserve chair Jerome Powell after the central bank held interest rates steady at its latest policy meeting.
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US stocks closed in a sea of red on Tuesday to close Wall Street's worst month of 2024, as new labor data came in hotter than expected while investors await the Federal Reserve's upcoming interest rate decision and digest strong earnings from Amazon.
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Stocks closed higher on Monday to kick off a big week filled with a Federal Reserve rate decision, the monthly jobs report, and earnings from more "Magnificent Seven" tech heavyweights.
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Stocks rebounded as tech earnings spawned a rally in markets despite growing concerns that the Fed will hold interest rates higher for longer.
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