The S&P 500 and Nasdaq achieved record highs for the fourth consecutive session, driven by strong technology shares. Despite a rise in U.S. unemployment claims, lower producer prices have fuelled hopes for a Federal Reserve rate cut in September. Broadcom and Nvidia shares soared, highlighting the tech sector's dominance.
STOCK MARKET SNAPSHOT FOR 13/06/2024 | Hellenic Shipping News Worldwide hellenicshippingnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hellenicshippingnews.com Daily Mail and Mail on Sunday newspapers.
The S&P 500 and Nasdaq
eked out record closing highs on Monday, although investors were
cautious ahead of this week s consumer prices report and a
Federal Reserve policy announcement. .
The major U.S. stock indexes saw minor gains as investors remained cautious ahead of the Consumer Price Index report and a Federal Reserve policy announcement. The central bank is expected to hold interest rates steady, with investors seeking clues on future rate cuts. Apple shares dropped, while Southwest Airlines saw gains.
STOCK MARKET SNAPSHOT FOR 06/06/2024 | Hellenic Shipping News Worldwide hellenicshippingnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hellenicshippingnews.com Daily Mail and Mail on Sunday newspapers.