Trending: Oil | Gold | BITCOIN | EUR/USD | GBP/USD

NASDAQ continues to mark record highs

Economies.com
2024-05-23 16:49PM UTC

Most US stock indices rose today as markets process the Federal Reserve’s meeting minutes in addition to recent data. 

 

The latest Federal Reserve’s meeting minutes were more bullish than expected, showing that many officials are still dismissive of any steps towards policy easing. 

 

They focused on ongoing inflationary risks, including geopolitical events, and pointed to the pressure undergone by low-income consumers due to higher prices. 

 

As for data, US unemployment claims fell to 215 thousand last week from 223 thousand, below estimates of 220 thousand.

 

On trading, Dow Jones fell 0.7%, or 301 points as of 17:45 GMT to 39,371, while S&P 500 rose 0.2%, or 8 points to 5315, as NASDAQ added 0.7%, or 119 points to 16,920. 

American Markets News

Americas News

Markets

Wall Street drops amid pressure on tech sector
2026-01-20 15:56PM UTC
US stock indexes fell sharply during Tuesday’s trading — after markets reopened ...
Americas News

Markets

Wall Street boosted by chips sector
2026-01-15 17:39PM UTC
US stock indices rose during Thursday’s trading, supported by a rebound in semiconductor ...
Americas News

Markets

Wall Street declines on corporate earnings
2026-01-14 16:20PM UTC
US stock indices declined during Wednesday’s trading as markets continued to digest a fresh ...