2024 U.S. equities rose midday on optimism about potential Fed interest rate cuts, with key movers Paramount Global, Micron Technology, and Tyson Foods.
2024's U.S. equities gained midday, driven by optimism about potential Fed interest rate cuts. The Dow, S&P 500, and Nasdaq all rose. Key movers included Paramount Global, up amid potential takeover talks with Sony and Apollo; Micron Technology shares surged after Baird upgraded the stock; and Tyson Foods shares dropped as the company reduced its full-year beef and pork operating income guidance due to inflationary pressures and rising commodity costs.
May 06, 2024
7 Articles