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Inventory futures fall as Wall Boulevard awaits the Fed's most popular inflation gauge: Are living updates

Inventory futures fall as Wall Boulevard awaits the Fed's most popular inflation gauge: Are living updates
February 29, 2024



18 Minutes AgoTreasury yields tick upper forward of PCEU.S. Treasury yields had been up quite as buyers awaited the most recent PCE file. The benchmark 10-year Treasury notice yield was once up 3 foundation issues at 4.303%. The two-year notice yield additionally climbed 3 foundation issues to 4.679%.See Chart…Yields tick higher12 Hours AgoDow heads for fourth immediately profitable month for first time in just about 3 yearsAll the main averages are headed for every other profitable month, with the Nasdaq up 5.1% and the S&P 500 on tempo for a 4.6% achieve.Much more notable is the Dow’s streak. If it closes the following day’s consultation in certain territory for February, the 30-stock index would clinch its fourth immediately profitable month for the primary time since a streak resulted in Might 2021. The index is these days up 2.1% month so far.— Samantha Subin, Chris Hayes12 Hours AgoSnowflake, Okta amongst shares making the largest strikes after the bellThese are one of the shares at the transfer after the bell:Snowflake — Snowflake stocks plunged 21% after the trade device corporate introduced the retirement of its CEO Frank Slootman. The scoop coincided with better-than-expected quarterly effects, however weaker-than-expected product income steerage for the primary quarter.Duolingo — The language finding out platform skyrocketed 22% after surpassing quarterly estimates and posting sturdy per 30 days reasonable person and bookings figures. Duolingo additionally equipped sturdy income steerage for the primary quarter and whole yr.Okta — Okta rallied 24% on better-than-expected quarterly effects and first-quarter steerage.Learn the total checklist of shares at the transfer right here.— Samantha Subin13 Hours AgoStock futures open decrease

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