Previous close | 15,605.48 |
Open | 15,758.10 |
Volume |
Day's range | 15,604.73 - 15,862.79 |
52-week range | 12,065.72 - 16,538.86 |
Avg. volume | 5,182,241,311 |
US equities (^GSPC, ^DJI, ^IXIC) closed Thursday higher after a sluggish April session. The S&P 500 managed to end the day higher for the first time in three sessions. The market is seemingly pricing in Federal Reserve Chair Jerome Powell's comments over the improbability of rate hikes. Yahoo Finance Markets Reporter Josh Schafer joins Market Domination Overtime to discuss the top takeaways for the trading day on May 2. For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Nicholas Jacobino
Investors are accentuating the positive in Jerome Powell's policy comments and looking ahead to Apple earnings.
The Federal Reserve has elected to continue to hold rates steady, with Chair Jerome Powell echoing the decision suggesting rates will stay higher for longer in his press conference on Wednesday. Apple (AAPL) will report its fiscal second-quarter earnings after today's closing bell, with many eyes on Apple's performance in China after reported sluggishness in recent iPhone sales. Shares of Peloton (PTON) are moving higher in Thursday's pre-market session following reports of CEO Barry McCarthy's plans to step down. Yahoo Finance Reporters Jared Blikre, Dan Howley, and Madison Mills join the Morning Brief to break down the three things investors need to know ahead of May 2's market open. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Nicholas Jacobino