That was the trading day, 10/5/23 🔴 US indices make up for early losses after Fed-Daly comments

8:16 p.m October 5, 2023

The most important events of the trading day

Tops & Flops on the stock markets

Shares, Indices & raw materials of the day

The trading day on the stock exchanges is October 5th, 2023

A mixed mood on Wall Street today, but a slight recovery in the indices after comments from Fed member Daly:

San Francisco Fed Chairwoman Mary Daly suggested that U.S. interest rates could be maintained if the economy and inflation continue to cool. Daly emphasized that the Fed should act cautiously, that it does not need to rush into anything and that the goal is a soft landing for the economy.

The US index S&P 500 loses 0.2% versus 0.1% losses at Dow Jones and 0.4% decline in Nasdaq100.

The shares of Coke are the weakest in the Dow Jones today with a discount of 3.5% and are roughly at the level of November 2021.

Rivian is down more than 19% – according to a WSJ report, the company is losing $33,000 per truck produced. The company will issue $1.5 billion in convertible bonds.

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