Wall Street sends stocks up, dollar down ahead of Fed news

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:Global stocks pushed higher and the dollar tipped lower on Monday, after shares surged last week on expectations the U.S. economy would dodge a recession and cooling inflation would spur interest rate cuts. On Wall Street, stocks added to their recent gains. The Dow Jones Industrial Average rose 0.58 per cent, to 40,896, the S&P 500 gained 0.97 per cent, to 5,608 and the Nasdaq Composite gained 1.39 per cent, to 17,876. MSCI's broadest index of world stocks jumped by around 1 per cent. The

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Wall Street sends stocks up, dollar down ahead of Fed news https://www.channelnewsasia.com/ - 19.08.2024 08:44

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Wall Street sends stocks up, dollar down ahead of Fed news https://www.channelnewsasia.com/ - 19.08.2024 08:44