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Stock Market Today: Dow, S&P 500 and Nasdaq edge higher after economic data; Bank of America and Morgan Stanley earnings see mixed reaction

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Follow here to see if Wall Street can add to the big gains seen midweek after cooler inflation saw Treasury yields plunge, and as earnings season continues.
The article from MarketWatch discusses the U.S. stock market's performance on a day when major indices like the Dow Jones Industrial Average, S&P 500, and Nasdaq were set to open higher. Key points include anticipation around earnings reports from major banks like Bank of America and Morgan Stanley, which are expected to provide insights into the financial sector's health amidst economic recovery efforts. The market sentiment was buoyed by positive economic indicators, including a drop in initial jobless claims to a 15-month low, suggesting a robust labor market recovery. Additionally, there was a focus on the Federal Reserve's ongoing support measures, with investors looking for any signals on future monetary policy. The article also touches on broader market dynamics, including tech stocks' performance, with companies like Apple and Microsoft gaining attention, and the ongoing debate over inflation and its potential impact on stock valuations.

Read the Full MarketWatch Article at:
[ https://www.marketwatch.com/livecoverage/stock-market-today-dow-s-p-and-nasdaq-to-open-higher-bank-of-america-morgan-stanley-earnings-on-tap ]