US stocks gain on services data, dovish Fed

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 66%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

NEW YORK: Wall Street stocks rose for a second straight session on Wednesday (Jan 5), with solid data on the US services sector offsetting a weak ...

NEW YORK: Wall Street stocks rose for a second straight session on Wednesday , with solid data on theAnalysts also cited continued positive momentum following more

The broad-based S&P 500 gained 22.88 points to 2,826.15, while the tech-rich Nasdaq Composite Index advanced 48.36 points to 7,575.48. Also, investors have cheered recent comments from Fed officials, including Chair Jerome Powell, who on Tuesday that acknowledged the economic risks connected to trade wars and said the Fed was willing to act if needed to support growth.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in CA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Canada Canada Latest News, Canada Canada Headlines