Reported 27 days ago
U.S. stock markets saw continued gains on Thursday, with the S&P 500 and Nasdaq rising for the fourth consecutive day, fueled by positive sentiment in technology stocks. The S&P 500 climbed by 0.7%, while the Nasdaq jumped by about 1%, amidst fresh inflation data indicating cooling pressures and higher-than-expected jobless claims. The anticipation of a modest 25 basis point interest rate cut by the Federal Reserve next week has further boosted investor optimism.
Source: YAHOO