Ambassador Nazri: US State Dept displeased with PM Anwar's comments on Gaza conflict, wanted Putrajaya to sympathise with IsraelThe Dow Jones Industrial Average rose 221.71 points, or 0.67 per cent, to 33,274.58, the S&P 500 gained 44.06 points, or 1.05 per cent, to 4,237.86 and the Nasdaq Composite added 210.23 points, or 1.64 per cent, to 13,061.47. — Reuters picNEW YORK, Nov 2 ― Wall Street's major indexes closed higher yesterday with the Nasdaq's 1.
Charlie Ripley, senior investment strategist for Allianz Investment Management, wrote that while there is still a potential risk for the Fed to raise rates again, Powell's commentary suggests that “the bar has become higher for rate hikes.” In individual stocks, Shares of Advanced Micro Devices jumped almost 10 per cent after an upbeat forecast for sales of chips for artificial intelligence signalled progress in its bid to catch up with market leader Nvidia.
Tinder owner Match Group dropped 15.3 per cent after it also forecast fourth-quarter revenue below estimates.
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