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

S&P 500 and Nasdaq close at new record highs led by chip stocks
2026-05-13 20:39PM UTC
The S&P 500 and Nasdaq Composite posted gains on Wednesday, supported by a rally in AI-related ...
Americas News

Markets

US stocks decline as high inflation data strengthens outlook for unchanged Fed interest rates
2026-05-13 14:53PM UTC
The US S&P 500 index moved further away from its record highs on Wednesday after ...
Americas News

Markets

Wall Street pauses after record highs as US-Iran talks falter
2026-05-11 14:56PM UTC
Major Wall Street indexes paused their advance on Monday following last week’s ...