Stock Market Today: Dow Up; Cava, Adobe Stock and Other Movers; Fed Fallout – Barron’s
Stocks were gaining momentum Thursday afternoon, with all three indexes in the green. Investors are celebrating that the Federal Reserve didn’t raise interest rates this month.
The European Central Bank lifted its key interest rate by a quarter of a percentage point on Thursday.
After the close, Adobe reports earnings. The focus remains on AI.
Here’s what else to know today:
- Dow Climbs 400 Points as Momentum Picks Up
- Microsoft Headed for All-Time High
- Kroger, XPeng, SoFi, Cava, Domino’s, and More Stock Movers
- Mortgage Rates Slide For Second Week in a Row
- Retail Sales in May Post a Surprise Uptick
- ECB Raises Rates After Fed Takes a Break
- China Stocks Rise as Its Central Bank Cuts Rate
- Bitcoin Falls After Fed’s Hawkish Outlook
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Microsoft Stock Headed for All-Time High
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