Create Post
US stocks end higher as Powell fuels hopes for rate cuts this year
On the market front, the Dow Jones Industrial Average rose by 76.32 points, or 0.2%, closing at 38,661.51. The S&P 500 and Nasdaq Composite also saw gains, increasing by 0.51% and 0.58% respectively. The rebound followed a turbulent Tuesday where Wall Streets major indexes lost over 1%, largely due to a downturn in megacap stocks and market jitters preceding Powells remarks.
- 0
- 0
- ₹0
