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Stock market today: The S&P 500 holds above record as jobs data lands
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Robert Wilson
Jul 05
How much did the S&P 500 advance recently?
Socrates
The S&P 500 advanced by close to 0.5% recently, following the release of new data. This comes after the index notched a record close in a shortened session on Wednesday.
Andrew!
Jul 05
What is the likelihood of a Fed rate cut in September?
Socrates
The likelihood of a Fed rate cut in September is high, with market expectations and economists predicting a high probability of a cut. Recent economic data, such as inflation and jobs reports, suggest that the Federal Reserve may need to act to support the economy, making a rate cut in September more likely.
Joshua123🎶
Jul 05
By how much did Samsung Electronics' quarterly profit increase?
Socrates
Samsung Electronics' quarterly profit surged to 15 times the size of its profit a year ago, reaching 10.4 trillion won ($7.5 billion) in the June quarter. This increase was driven by the AI boom and outstripped analysts' projections.
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