New York, US stocks closed sharply higher, finishing the week on a high note, after tech stocks surged, job market retained strength and US Federal Reserve chair hinted at slower monetary tightening. The Dow Jones Industrial Average on Friday closed 746.94 points, or 3.29 per cent, dramatically higher to 23,433.16.[Read More…]
Tag: US stocks
US stocks close mixed as volatility continues; dollar retreats
New York, US stocks ended mixed in another wild trading session as volatility continued to rattle investors amid economic data. The Dow Jones Industrial Average on Friday fell 76.42 points, or 0.33 per cent, to 23,062.40. The S&P 500 was down 3.09 points, or 0.12 per cent, to 2,485.74, Xinhua[Read More…]
US stocks close lower after Fed decision
New York, US stocks closed lower as investors digested the central bank’s latest rate hike decision. The Dow Jones Industrial Average on Thursday was down 464.06 points, or 1.99 per cent, to 22,859.60. The S&P 500 fell 39.54 points, or 1.58 per cent, to 2,467.42, Xinhua news agency reported. The[Read More…]