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Dow jumps nearly 200 points to record in short session, S&P 500 posts best month of 2024: Live updates

The article from NBC New York discusses the performance of U.S. stock futures and the market's reaction to various economic indicators and corporate earnings. Stock futures rose slightly, with Dow Jones Industrial Average futures up by 0.1%, S&P 500 futures by 0.1%, and Nasdaq 100 futures by 0.2%. This comes after the Dow had its best month of 2024, gaining 6.2% in February. The market's positive movement was influenced by several factors including a drop in Treasury yields, with the 10-year Treasury yield falling to 4.25%. Investors were also reacting to the latest personal consumption expenditures price index, which showed inflation cooling slightly, and were anticipating the Federal Reserve's next moves on interest rates. Additionally, corporate earnings reports from companies like Salesforce, Snowflake, and C3.ai were in focus, with mixed results affecting individual stock prices. The article also mentions upcoming economic data releases and Fed speeches that could further influence market directions.

Read the Full NBC New York Article at:
[ https://www.nbcnewyork.com/news/business/money-report/stock-futures-rise-as-dow-closes-out-its-best-month-of-2024-live-updates/6026240/ ]