Stock Market Today: Dow slips; Nasdaq on track for record as Intel, Tesla rally

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Stock Market Today: Dow slips; Nasdaq on track for record as Intel, Tesla rally

//stocks-investing.news-articles.net/content/202 .. aq-on-track-for-record-as-intel-tesla-rally.html

Published in Stocks and Investing on Monday, December 2nd 2024 at 17:01 GMT by Thomas Matters

🞛 This publication is a summary or evaluation of another publication
🞛 This publication contains editorial commentary or bias from the source
🞛 This publication contains potentially derogatory content such as foul language or violent themes

The article from MarketWatch discusses the current state of the U.S. stock market, focusing on the anticipation surrounding the release of the Institute for Supply Management's (ISM) manufacturing gauge for May. The Dow Jones Industrial Average futures are slightly down, reflecting investor caution ahead of this key economic indicator which could influence expectations about the Federal Reserve's interest rate decisions. The market is also reacting to recent economic data, including a drop in consumer confidence and a slight uptick in jobless claims, suggesting a cooling economy. Additionally, there's mention of ongoing concerns about inflation, potential recession signals, and how these factors might affect the Fed's monetary policy. The article also touches on individual stock movements, with companies like Tesla, Apple, and Amazon experiencing varied premarket trading due to sector-specific news and broader market sentiment.

Read the Full MarketWatch Article at:
[ https://www.marketwatch.com/livecoverage/stock-market-today-dow-futures-slip-ahead-of-release-of-key-ism-manufacturing-gauge ]

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