12:45 PM EDT, 07/09/2024 (MT Newswires) -- US stocks were higher around midday Tuesday, after Federal Reserve Chair Jerome Powell said more recent H1 data suggests the central bank is succeeding to lower inflation although there is still work to be done. The Nasdaq rose about 0.2% to 18,441 and the S&P 500 was up 0.1% at 5,580 and the...

12:11 PM EDT, 07/09/2024 (MT Newswires) -- The S&P 500 and the Nasdaq Composite were both up after midday trading on Tuesday, while the Dow Jones Industrial Average was down, as investors listened intently to Federal Reserve Chair Jerome Powell's testimony on Capitol Hill. In company news, Boeing ( BA ) delivered 44 commercial aircraft in June, up from 24...

12:08 PM EDT, 07/09/2024 (MT Newswires) -- The Toronto Stock Exchange is down 46 points at midday, with most sectors lower. The biggest decliners are telecoms (-1%) and technology stocks (-0.9%). The financials sector is the sole gainer, up 0.35%. Oil prices weakened for a third-straight session early on Tuesday as demand concerns continue while Hurricane Beryl passed over the...

(Reuters) - Goldman Sachs Asset Management executives expect the U.S. economy to grow at a slower clip of about 2% in the second half of 2024, they said on Tuesday, with equity indexes seen largely flat due to declining earnings growth and political anxieties. It's absolutely a soft landing, said Lindsay Rosner, head of multi-sector investing at the asset management...