Nasdaq And S&P Hit Record Closing Highs As Data Supports Fed Easing

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Economic data aided the market to expect for the much awaited Policy Easing Cycle by the Fed. The Market’s acceptance of the data led Nasdaq and S&P to hit record closing highs on Wednesday (5th June 2024).
The Nasdaq gained around two per cent, the Dow Jones Industrial Average added 0.25 per cent and the S&P 500 rose 1.2 per cent.

Disclaimer: This press release is sourced from News On AIR, Prasar Bharti and Press Information Bureau India (PIB).

Dilip Soni

Dilip Soni is Journalist, Blogger, Digital Creator, Media Consultant, Digital Marketing and Website SEO Expert.