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Stock impact report

Stock Market Today: Stocks higher on rate cut bets, Dow aims for 40,000 [Yahoo! Finance]

CME Group Inc. - Class A (CME) 
Last cme group inc. - class a earnings: 4/29 07:00 am Check Earnings Report
US:NASDAQ Investor Relations: investor.cmegroup.com
Company Research Source: Yahoo! Finance
session gain, as lower Treasury yields tied to bets on an autumn Fed rate cut continue to support a bullish global market. Stocks ended higher Thursday, with the S&P 500 now less than 1% from its March record high, after data from the Labor Department showed weekly jobless claims jumped to highest levels since last summer. The surprise tally, when paired with last week's softer-than-expected April jobs report, suggests cracks in the labor market that could ease inflation pressures and validate the case for Fed rate cuts in September. A trio of big Treasury auctions this week, including benchmark sales of 10-year notes and 30-year bonds, also drew solid demand from foreign investors that soothed concerns over the government's surging deficit. picture alliance/Getty Images Benchmark 10-year note yields eased to 4.453% in the overnight session, while 2-year notes were pegged at 4.817% following the muted jobless claims reading. The CME Group's FedWatch tool, meanwhile, has nu Show less Read more
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