interest rates are a quarter-point higher today than they were 24 hours ago and at a level last seen in 2001. The Dow Jones Industrial Average (DJIA) has climbed 13 straight sessions-the longest streak since 1987. (Thursday market open) Major indexes turned green in premarket trading on Thursday following solid earnings from Meta Platforms (META) and McDonald’s (MCD), accompanied by a host of price target increases from Wall Street analysts. economic strength, with GDP rising more than expected Wall Street up early despite Fed’s rate hike yesterday, propelled by strong Meta, McDonald’s resultsįresh economic data reinforces ideas of U.S.
DJIA on 13-session win streak, the longest since 1987, as rally broadens into financials, industrials