S&P 500 and Nasdaq Gain Amid Mixed Market; Interest Rates Remain Steady

Reported about 8 hours ago

U.S. stocks closed mixed with the S&P 500 and Nasdaq rising for the third consecutive day, while Treasury Secretary Scott Bessent stated the Federal Reserve would not be asked to cut interest rates, focusing instead on the 10-year Treasury yield. Labor market indicators, including an increase in jobless claims, suggest economic challenges ahead.

Source: YAHOO

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