[Breaking] Mixed Close in New York Stocks Amid Fed Rate Hike...Dow Rises for 13 Consecutive Sessions
The three major indices of the U.S. New York stock market closed mixed on the 26th (local time), digesting the Federal Open Market Committee (FOMC) regular meeting results, which raised the benchmark interest rate by 0.25 percentage points, and remarks by Jerome Powell of the Federal Reserve (Fed).
Hot Picks Today
[Exclusive] "Nvidia Researchers to Work in Yangjae"... LG Electronics to Establish 'Joint Robotics Development Base'
- "I’ll Take This, Please"... Buying the Last Lottery Ticket Brings a Jackpot
- "I Can't Believe There Are Such Kids These Days"... Middle School Students Help Elderly Man Collecting Scrap Paper All the Way to Junk Dealer
- Wall Street Projects $1 Trillion in Short-Term Treasury Issuance by U.S. as Borrowing Costs Climb
- "They Might Start Pitching Tents and Grilling Meat"... The 'Hammock Villain' Appears at Cheonggyecheon
On that day, the Dow Jones Industrial Average rose 0.24% compared to the previous session, closing the trading day higher. The Dow index recorded its 13th consecutive day of gains. The large-cap-focused S&P 500 index fell 0.01%, while the tech-heavy Nasdaq index closed down 0.12%.
© The Asia Business Daily. All rights reserved. Unauthorized AI training and use prohibited.