Reported 12 months ago
Stocks closed mixed on Wednesday, with the S&P 500 and Nasdaq reaching record highs despite underwhelming economic reports, including disappointing ADP private payroll data and a decline in the ISM services sector index suggesting economic contraction. The Dow fell slightly, while the S&P 500 and Nasdaq achieved new highs, with the Nasdaq driven by Tesla's impressive second-quarter delivery figures. Markets are awaiting the Labor Department's jobless claims data and the Federal Reserve's June meeting minutes. Treasury yields fell, fueling speculation about future rate cuts amidst varied market performance.
Source: YAHOO