News Formal

Dow Tops New Record as Bull Market Seen Broadening

  • 📰 NEWSMAX
  • ⏱ Reading Time:
  • 22 sec. here
  • 4 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 71%

Financial Markets Nyheter

Wall Street stock indexes closed higher Friday, on bets that the U.S. Federal Reserve will cut interest rates in September, while big banks fell after reporting mixed results.

Some of the market's most valuable companies bounced back after dipping in the previous session, with rallies by Apple and Nvidia.

The small-cap Russell 2000 rallied for a third straight day and reached the highest since 2022, while the S&P 400 Mid Cap index also jumped. The two indexes have lagged the S&P 500 this year. With stock indexes trading around record highs, investors are betting on strong profit growth from companies beyond Nvidia and other heavyweights that have benefited from explosive growth in artificial intelligence computing.

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.
Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 16. in SE

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

Stock Market Today: Dow closes just shy of record as earnings season gets underwayStock Market Today: Dow closes just shy of record as earnings season gets underway
Källa: Investingcom - 🏆 450. / 53 Läs mer »

S&P 500 climbs to another record close Tuesday as Nvidia's market cap tops MicrosoftSamantha Subin is a digital news associate with CNBC.
Källa: NBCNewsHealth - 🏆 707. / 51 Läs mer »