Stock market today: Wall Street ticks up ahead of latest inflation data, start of earnings season

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Stock market today: Wall Street ticks up ahead of latest inflation data, start of earnings season

^{Published on 2025-01-15 00:41:08 - ABC}

Wall Street pointed modestly higher ahead of this week's latest U.S. inflation reports and the unofficial start of earnings season

The article from ABC News discusses the performance of Wall Street on a specific day, highlighting that the S&P 500 edged up by 0.1% in early trading, marking a slight recovery after a previous day's decline. The Dow Jones Industrial Average saw a marginal increase of 26 points, or 0.1%, while the Nasdaq composite also rose by 0.1%. This movement comes amidst mixed economic signals, with investors reacting to the latest economic reports and corporate earnings. Notably, the market was influenced by concerns over inflation, potential interest rate changes, and geopolitical tensions. Additionally, the article mentions specific stock performances, like a drop in shares of Tesla after it announced price cuts in Europe, and gains in energy stocks due to rising oil prices. The overall market sentiment was cautious, with investors digesting the implications of recent economic data and awaiting further guidance from the Federal Reserve.

Read the Full ABC Article at:
[ https://abcnews.go.com/Business/wireStory/stock-market-today-wall-street-ticks-ahead-latest-117646755 ]

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