Market Report - US Close

US close: Tech stocks lead the surge

By Benjamin Chiou

Date: Thursday 02 May 2024

(Sharecast News) - US stocks rose strongly on Thursday with tech names leading the surge as investors continued to absorb comments from the Federal Reserve the previous session, who reassured that interest rates are unlikely to rise despite stickier-than-expected inflation.
The Dow and S&P 500 both finished 0.9% higher while the...

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