Reported 12 months ago
Federal Reserve (Fed) Chairman Powell's speech earlier today raised hopes of an interest rate cut, leading to a rise in the four major US stock indexes. The Taiwan stock market opened high and continued to rise, breaking through the 23,000 point mark. Despite a dip later on, the market climbed again at midday, closing up by 293.06 points, a 1.28% increase, at 23,172.43 points with a trading volume of 496.74 billion NT dollars. The US stock market also saw gains, with the S&P 500 and NASDAQ reaching new highs.
Source: YAHOO