U.S. stocks end higher as inflation data, Fed decision loom

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 97%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

U.S. stock indexes edged higher in cautious trading on Tuesday as investors awaited May inflation data and the Federal Reserve’s policy meeting next week....

U.S. stock indexes edged higher in cautious trading on Tuesday as investors awaited May inflation data and the Federal Reserve’s policy meeting next week. The Dow Jones Industrial Average DJIA, +0.03% gained 10 points, leaving it nearly flat at 33,573, while the Nasdaq Composite COMP, +0.36% finished 0.4% higher. The S&P 500 SPX, +0.

24% ended at 4,283, still on the verge of exiting its bear-market run. While the broader U.S. stock market remained quiet Tuesday, the small-cap stocks surged with the Russell 2000 index up 2.8% to its highest close since March, according to Dow Jones Market Data. Meanwhile, regional bank shares jumped with the Invesco KBW Regional Banking ETF KBWR, +5.32% advancing 5.6%.

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:

 /  🏆 3. in ZA
 

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

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

CNBC Daily Open: A Goldilocks jobs market?May's astounding jobs report has something for both the Federal Reserve and the economy.
Source: CNBC - 🏆 12. / 72 Read more »