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Stock impact report

Stock market today: Dow, S&P 500, Nasdaq rise as AI worries recede, Fed minutes released [Yahoo! Finance Canada]

eBay Inc. (EBAY) 
Last ebay inc. earnings: 4/29 04:15 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.ebayinc.com
The S&P 500 ( ^GSPC ) added 0.8%, while the tech-heavy Nasdaq Composite ( ^IXIC ) picked up 1.1%. The Dow Jones Industrial Average ( ^DJI ), which is less exposed to tech, moved up 0.4% after the major US gauges closed Tuesday with modest gains S&P 500 (^GSPC) Technology stocks are recovering composure after a turbulent stretch that saw software names in particular take a bruising. But while the pressure is easing, investors are still weighing the long-term impact of AI on business models and corporate competition, and whether AI investments will pay off. The minutes of the Fed's January meeting minutes showed rate cuts could be in store this year if inflation comes down. "In considering the outlook for monetary policy, several participants commented that further downward adjustments to the target range for the federal funds rate would likely be appropriate if inflation were to decline in line with their expectations," said the minutes. The markets are currently pricing in Show less Read more
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