US stocks continue to rise

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Home Business US stocks continue to rise 09-11-2024 01:03 PM Ammon News - Key US stock indices maintained their upward trend on Friday, following increases observed over the previous two days. The Federal Reserve (the central bank of the US) chose yesterday to reduce interest rates by another quarter point, as the outcomes of the US elections positively influenced stocks. The Dow Jones Industrial Average increased by around 285 points to hit 44,014, setting a new record, while the US Nasdaq, which emphasizes major technology, climbed 15 points to reach 19,282 points. The S&P 500 index increased roughly 23 points to attain 5,999 points.

Home Business

US stocks continue to rise

09-11-2024 01:03 PM

Ammon News - Key US stock indices maintained their upward trend on Friday, following increases observed over the previous two days.

The Federal Reserve (the central bank of the US) chose yesterday to reduce interest rates by another quarter point, as the outcomes of the US elections positively influenced stocks.

The Dow Jones Industrial Average increased by around 285 points to hit 44,014, setting a new record, while the US Nasdaq, which emphasizes major technology, climbed 15 points to reach 19,282 points.

The S&P 500 index increased roughly 23 points to attain 5,999 points.

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