Employers added a surprisingly solid 119,000 jobs in September, issuing a key economic report that had been delayed seven weeks by the federal government shutdown.
Read More Wall Street shoots toward its best day since May on Nvidia’s profit report and hopes for lower rates
President Donald Trump is set to host a White House dinner with a prominent group of Wall Street executives on Wednesday night, including CEOs from JPMorgan Chase, Goldman Sachs, and BlackRock.
Read More Trump to host WH dinner with top Wall Street executives
The S&P 500 added 0.1% in morning trading and remains near its all-time high set a couple weeks ago.
Read More US stocks are drifting around their records as AMD rallies
President Donald Trump suggested that he may cancel his upcoming meeting with Chinese President Xi Jinping, after Xi sent what Trump described as “hostile” letters indicating China’s plans to restrict exports of rare earth minerals.
Read More China restricts rare earth exports as Trump vows strong response, reigniting trade tensions
The S&P 500 and the Nasdaq hit intraday record highs after cooler-than-expected inflation data kept the U.S. central bank on track to cut borrowing costs this year.
Read More S&P 500, Nasdaq hit record highs after inflation data boosts rate-cut bets; Oracle jumps
Renamed “Paramount Skydance Corp”, the company’s Class B shares will start trading on the Nasdaq under the ticker symbol PSKY from Thursday.
Read More Paramount closes $8 billion merger with Skydance after settling ’60 Minutes’ lawsuit