Some megacap growth stocks edged higher in early trading, with Meta Platforms, Amazon.com and Apple up between 0.6% and 1.5%.
Read More Wall St gains after Friday sell-off, Mideast tensions subsideTag: economic data
Fed to start rate cuts in June; risk fewer delivered this year
The U.S. Federal Reserve will cut its key interest rate in June, according to a stronger majority of economists in the latest Reuters poll.
Read More Fed to start rate cuts in June; risk fewer delivered this yearBig investors say US markets rally could prove short-lived
The recent rally that has lifted U.S. stocks and bonds is more of a year-end rebound than a turning point, according to big money managers.
Read More Big investors say US markets rally could prove short-livedNew Report Shows 336K New Jobs Added To U.S. Economy, Defying Expectations
The U.S. economy witnessed a hefty increase of 336,000 new jobs last month, marking the strongest job growth since January, according to the latest report by the Bureau of Labor Statistics.
Read More New Report Shows 336K New Jobs Added To U.S. Economy, Defying Expectations