Wall Street closes higher, S&P 500 and Nasdaq again at record highs | News Fin

In the United States, New York stock markets ended higher on Monday, with two of the three major indices hitting record highs again.

Financial News Bureau Bloomberg’s The broad-based S&P 500 closed in record numbers for the 30th time this year.

On the other hand, the technology-focused Nasdaq was at a record high for the sixth consecutive day.

By the end of the trading day, the Nasdaq was up 1.0 percent and the S&P 500 was up 0.8 percent. The Dow Jones Industrial Average ended the day up 0.5 percent.

B. Art Hogan of Relay Wealth Management credits recent increases in the values ​​of Apple, Microsoft and Nvidia stocks as the backdrop for the positive market sentiment.

According to Hogan, the US monetary policy outlook has improved somewhat after last week’s inflation data. Last week’s figures shed some light on hopes that the US central bank, the Fed, could cut interest rates this year.

This week, in turn, the release of US retail sales figures and the Bank of England (BOE) meeting are expected.

Trading on Wall Street was halted Wednesday as Juneteenth, which commemorates the end of slavery, is the first federal holiday in the United States.

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