Reported 11 months ago
In the latest stock market update, the S&P 500 and Nasdaq achieved new record highs, with all three major indexes closing higher as investors anticipate a Federal Reserve policy decision and key inflation data. The Dow Jones Industrial Average ended the day slightly up, while the S&P 500 and Nasdaq climbed to new highs. Traders adjusted expectations for interest rate changes, with focus shifting to the Fed's next rate decision and May's Consumer Price Index reading. Additionally, Apple unveiled Apple Intelligence at its Worldwide Developers Conference, and consumer expectations for stocks rose to a 3-year high in May.
Source: YAHOO