How major US stock indexes fared Monday, 4/29/2024

How major US stock indexes fared Monday, 4/29/2024

SeattlePI.com

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Stocks edged higher as Wall Street readies for a week packed with potentially market-moving news. The S&P 500 rose 0.3% Monday. The Dow Jones Industrial Average climbed 0.4%, and the Nasdaq composite rose 0.3%. Amazon and Apple will report their latest earnings results this week, along with roughly a third of the companies in the S&P 500. The Federal Reserve will also announce its latest decision on interest rates Wednesday, with virtually everyone expecting it to stand pat. The U.S. government’s monthly jobs report will hit on Friday. The yield on the 10-year Treasury note fell to 4.61%.

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