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Rich Asplund

Stocks Recover on Fed-Friendly US Economic Reports

US Federal Reserve United States Bostic Citigroup Atlanta Fed Bloomberg Intelligence Cencora ECB International Paper Suzano

The S&P 500 Index ($SPX) (SPY) today is down -0.03%, the Dow Jones Industrials Index ($DOWI) (DIA) is up +0.17%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up +0.10%.

Stock indexes today recovered from early losses and are mixed after weaker-than-expected US economic reports knocked bond yields lower and reinforced speculation the Fed will be able to cut interest rates this year.

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