The S&P 500 index touched a record high on Thursday, driven Wall Street's e...
- The S&P 500 index touched a record high on Thursday, driven Wall Street’s expectations that the Federal Reserve will cut interest rates as soon as next month to keep the U.S.-China trade war from stalling economic growth.
The benchmark S&P 500 index, which has risen about 7% so far in June, hit an intraday record high of 2,956.20 on Thursday. The energy index jumped 1.92%, the most among the 11 major S&P sectors, as oil prices surged over 5% on renewed tensions in the Middle East after Iran shot down a U.S. military drone.
The technology sector rose 1.13%, boosting the S&P 500 by the most, with Oracle Corp leading the charge. Buoying sentiment was data which showed the number of Americans filing applications for unemployment benefits fell more than expected last week, pointing to underlying labor market strength despite a sharp slowdown in job growth in May.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
S&P 500 hits record high as Fed signals rate cutsThe S&P 500 index touched an all-time high on Thursday, after the Federal Reserv...
Consulte Mais informação »
Fed leaves its key rate unchanged but hints of future cutsNEW: The Federal Reserve leaves its key interest rate unchanged, but signals that it's prepared to start cutting rates if needed to protect the U.S. economy from trade conflicts and other threats.
Consulte Mais informação »
S&P 500 set to carve out its first intraday record since May as Fed abandons ‘patience’U.S. stock indexes Thursday morning are set to extend gains to a fourth straight day near all-time highs as the Fed signaled policy easing may be forthcoming...
Consulte Mais informação »
S&P 500 hits record as Wall Street bets the Fed will lower interest rates, Dow surges 250 pointsStocks rose sharply on Thursday after the Federal Reserve hinted at possible interest rate cuts as soon as next month.
Consulte Mais informação »
Beyond Meat is now larger than 80 S&P 500 companies, but IPO euphoria might not lastBeyond Meat has blown up. The plant-based meat company is now larger than 80 S&P 500 companies, including Macy's, Xerox and Mylan.
Consulte Mais informação »
Stocks approach record as Fed soothes Wall Street's fearsThe S&P 500 approached a record high on Wednesday after the Federal Reserve sign...
Consulte Mais informação »