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Wall Street gains ground

Economies.com
2022-06-28 14:10PM UTC

US stock indices rose on Tuesday, buoyed by improving risk appetite following China's decisions. 

 

China decided to reduce the duration of health isolation imposed on travelers as part of its anti-Covid operations. 

 

Now investors are following the Federal Reserve's statements closely, with some officials hinting at even higher US rate hikes than expected to control inflation. 

 

Dow Jones rose 0.6% as of 14:07 GMT to 31,614, as S&P 500 rose 0.3% to 3914, while NASDAQ slipped 0.1% to 11,509. 

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