The market climbed after feeling the first day of pullback in nearly two weeks on Monday.
Just after 4 pm ET the $S&P 500 Index (.SPX.US)$ climbed 0.42%, the $Dow Jones Industrial Average (.DJI.US)$ traded +0.13%, and the $Nasdaq Composite Index (.IXIC.US)$ climbed 0.57%.
Investors are digesting comments made during the Democratic National Committee, where the Harris campaign made public their plans to combat price gouging, subsidize housing, and raise the corporate tax rate 7% to 28%. Presdient Barack Obama made an appearance, as well as Joe Biden.
In Macro Wednesday, the market awaits Crude Oil Inventories and FOMC meeting minutes from last month that might illuminate how the committee feels about future rate cuts.
Investors are also awaiting Powell's speech in macroeconomics at Jackson Hole this Friday at 10 am ET; catch it live on moomoo with our broadcast and commentary.
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Traders, what do you think, is the market in 2024 about following the herd? What you watching on the stock market today? What is the herd following? Let me know in the comments below!
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