U.S. stocks booked big gains on Thursday, a day after the Federal Reserve skipped a June rate hike, but indicated more increases could be on the table this year. The Dow Jones Industrial Average jumped about 430 points, or 1.3%, ending near 34,409:
U.S. stocks booked big gains on Thursday, a day after the Federal Reserve skipped a June rate hike, but indicated more increases could be on the table this year. The Dow Jones Industrial Average DJIA, +1.26% jumped about 430 points, or 1.3%, ending near 34,409, according to preliminary FactSet data, while the S&P 500 index SPX, +1.22% gained 1.2% to score a sixth session in a row of wins and its longest stretch of straight gains since Nov. 8, 2021, according to Dow Jones Market Data.
rose about 3.5% to $349, per preliminary data, a record close on Thursday.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Joyous Juneteenth, a bigger Boulder comedy fest, sensual cirque and more things to do in DenverThis year's Juneteenth Music Festival features not only live music and dance but local vendors, food and drink, and kid-friendly activities
Read more »
Asian markets rise as Fed holds rates steady, China posts weaker economic dataAsian shares were mostly higher Thursday after the U.S. Federal Reserve held interest rates steady.
Read more »
U.S. industrial output falls 0.2% in May after two straight gainsU.S. industrial production fell 0.2% in May, the Federal Reserve reported Thursday.
Read more »
NZD/USD holds to its gains as Federal Reserve pauses, but upward revises peak ratesNZD/USD holds to its gains as Federal Reserve pauses, but upward revises peak rates – by christianborjon NZDUSD Currencies Majors Fed InterestRate
Read more »