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Dow Jones resumes advance above 35,000

Economies.com
2022-04-20 14:17PM UTC

US stock indices rose on Wednesday as markets focus on corporate earnings results for the first  quarter.

 

Both Netflix and IBM released results yesterday with highly mixed results in the first quarter.

 

Fed official Charles Evans said that interest rates could go up as far as 3-3.5% in 2022 amid attempts to control inflation.

 

Dow Jones rose 0.6% to 35,132 as of 14:16 GMT, while S&P 500 rose 0.1% to 4,467, as NASDAQ slipped 0.7% to 13,528.

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