NEW YORK, June 12 — The Nasdaq and the S&P 500 rose yesterday to end at all-time highs, reversing early losses as investors prepared for upcoming inflation data and the US...
In suit, 1MDB alleges Rosmah spent up to RM1.6b using its funds to buy jewellery and handbags from 48 vendors in 14 countries
Benchmark Treasury yields extended their decline ahead of the Labour Department’s Consumer Price Index report. While investors expect no change to the Fed funds target rate, the Federal Open Markets Committee is expected to release its Summary of Economic Projections, which should help illuminate the central bank’s forward policy path.
The Dow Jones Industrial Average fell 120.62 points, or 0.31 per cent, to 38,747.42, the S&P 500 gained 14.53 points, or 0.27 per cent, to 5,375.32 and the Nasdaq Composite added 151.02 points, or 0.88 per cent, to 17,343.55. Emerging market stocks lost 0.41 per cent. MSCI’s broadest index of Asia-Pacific shares outside Japan closed 0.64 per cent lower, while Japan’s Nikkei rose 0.25 per cent.Benchmark 10-year notes last rose 18/32 in price to yield 4.3981 per cent, from 4.469 per cent late on Monday.
Crude oil prices edged higher after the Energy Information Administration raised its world oil demand forecast.
500 Nasdaq Notch Record Closing Highs Ahead Of CPI Fed Decision
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