U.S. stocks close higher on Fed optimism and economic resilience

November 23, 2023 6:03 PM

U.S. stocks close higher on Fed optimism and economic resilience

U.S. stocks ended higher on Wednesday, on optimism that the Federal Reserve may be done raising interest rates and that the economy is still resilient. The Dow Jones Industrial Average rose 0.53 percent, the Nasdaq Composite Index added 0.49 percent and the S&P 500 gained 0.44 percent.

U.S. stocks end up as investors await inflation data and Fed meeting next week

June 7, 2023 5:06 PM

U.S. stocks end up as investors await inflation data and Fed meeting next week

U.S. stocks ended up yesterday, backed by some advances in economically sensitive sectors, as investors awaited inflation data and the Federal Reserve's policy meeting next week.   The Nasdaq Composite index rose 3.6 percent, the S&P 500 accelerated 0.24 percent and the Dow Jones Industrial Average ended flat.

U.S. stocks rise after an unexpectedly small consumer price increase

December 14, 2022 7:20 PM

U.S. stocks rise after an unexpectedly small consumer price increase

U.S. stocks rose yesterday after an unexpectedly small consumer price increase buoyed optimism that the Federal Reserve could soon dial back its inflation-taming interest rate hikes. The Dow Jones Industrial Average added 0.3 percent. The S&P 500 rose 0.7 percent and the Nasdaq Composite gained one percent.

U.S. stocks rallied for second day, three major indexes ends up more than one percent

July 29, 2022 6:38 PM

U.S. stocks rallied for second day, three major indexes ends up more than one percent

U.S. stocks rallied yesterday for the second day in a row, with all three major indexes ending up more than one percent. The US share indices rose as data showing a second consecutive quarterly contraction in the economy fueled investor speculation the Federal Reserve may not need to be as aggressive with interest rate hikes as some had feared. The Dow Jones Industrial Average index gained one percent, the S&P 500 rose 1.2 percent and the Nasdaq Composite rose 1.1 percent.