US Stocks Closed Higher, Tech Sector Leads Indices
14 Articles
14 Articles
Dow Jones ends day up 0.61%, S&P 500 up 1.14%, Nasdaq soars 1.69% as European indexes close day with gains
Although Wall Street received the Fed's interest rate hike on Wednesday with a drop, the mood in the markets had improved by Thursday. After the largely priced-in decision, it brought some relief that the rise in long-term US bond yields had stopped, while the price of oil also eased. Movements were mixed in Asia, but trading was in a good mood in Europe, and the market also rebounded in America. We will also cover similar topics at our Portfoli…
The New York stock market opened higher, boosted by falling international oil prices. While financial and consumer basics sectors showed weakness, all other sectors were strong. As of 9:56 a.m. on the 17th (local time), the Dow Jones 30 Industrial Average on the New York Stock Exchange was at 51,688.35, up 226.45 points (0.44%) from the previous close. The Standard & Poor's (S&P) 500 index was up 70.37 points from the previous close
One reason for the better mood is the falling oil prices. After the Fed's interest rate decision, investors can turn to other issues again.
Indexes on the New York Stock Exchange closed higher today, driven by falling oil prices and a decline in US 10-year Treasury yields. The Nasdaq rose 1.69%, the S&P 500 increased by 1.14%, and the Dow Jones gained 0.61%.
On the 17th (local time), major indices in the New York stock market closed higher across the board amidst strength centered on technology and semiconductor stocks. The Dow Jones finished trading at 51,778.04, up 316.14 points (0.61%) from the previous close, while the S&P 500 rose 85.95 points (1.14%) to 7,637.76. The Nasdaq Composite closed at 26,418.30, up 439.87 points (1.69%), and the Nasdaq 100 also rose 501.92 points (1.73%) to 29,446.98.…
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