Stock Market Today: Dow, S&P Live Updates for June 24

US stock futures were pointing to a mixed open on Friday, June 24, after the major indices closed higher on Thursday. The Dow Jones Industrial Average (DJIA) rose 0.84% to 34,407.60, the S&P 500 gained 0.54% to 4,419.69, and the Nasdaq Composite Index advanced 0.25% to 13,657.07. Investors are awaiting the release of key economic data, including durable goods orders and the University of Michigan's consumer sentiment index. The Federal Reserve is expected to keep interest rates unchanged at its upcoming meeting. The markets are also monitoring the situation in the Middle East, where tensions remain high. Wall Street is coming off a week of volatility, and experts have varying perspectives on the outlook for the stock market. Many analysts believe that the recent rally is not sustainable and that the market is due for a correction. Others are more optimistic, pointing to strong earnings reports and a resilient economy. The Dow and the S&P 500 have made significant gains this year, with the Dow up over 14% and the S&P 500 up over 17%. However, both indexes are still down considerably from their all-time highs. As we approach the end of the second quarter, investors will be looking for clues on the direction of the market in the second half of the year. The performance of the stock market will depend on a variety of factors, including economic growth, inflation, interest rates, and geopolitics.

Summary

"The stock market is expected to open mixed on Friday, June 24, with investors awaiting key economic data and the Federal Reserve's decision on interest rates. The markets are also monitoring the situation in the Middle East. Experts have varying perspectives on the outlook for the stock market, with some believing that a correction is due and others more optimistic about the future. Investors will be looking for clues on the direction of the market in the second half of the year."

Updated at: 06.25.2024

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Stock Market Today: Dow, S&P Live Updates for June 24