Wall Street: NoVi rast ineksa

SEEbiz 14.12.2023
Wall Street: NoVi rast ineksa

NEW YORK - The Dow Jones Industrial Average closed higher on Thursday as the 10-year Treasury tumbled below 4% and a surprise gain in retail sales gave investors further confidence 2024 would bring a soft economic landing.

The 30-stock Dow closed at a record high, ending the day up 158 points, or 0.43% at 37,248.35. On Wednesday, it marked its first-ever close above 37,000. The S&P 500 added 0.26% to end the day at 4,719.55, while the Nasdaq Composite gained 0.19% to 14,761.56. The 10-year Treasury note yield dropped below 4% for the first time since August as traders mounted bets on rate cuts for 2034. The move lower in interest rates follows the Dow’s more than 1% jump on Wednesday

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