* Dow, S&P 500 end higher; Nasdaq falls. * Dollar eases from 2-week high. * U.S. Treasury yields dip. By Caroline Valetkevitch. Stock indexes mostly rose globally on Wednesday, although the Nasdaq ended lower for the second day, while the U.S. dollar eased off its highest in more than two weeks.
The Dow Jones Industrial Average set a record Wednesday as a strong earnings season continued and fears of rising interest rates eased. It was the Dow's 22nd record close of 2021-- tying the number of records the blue-chip index set in all of 2019, according to Dow Jones Market Data. Its next new high will mark the most in a calendar year since 2017 when there were 71..
The Dow Jones Industrial Average rose to a fresh record Wednesday as concern about the potential for a rise in interest rates eased. The blue-chip average rose about 0.3%, or about 97 points, eclipsing its closing high set in April. The S&P 500 rose less than 0.1%, while the tech-heavy Nasdaq Composite retreated another 0.4% after a sharp decline Tuesday.
U.S. Treasury yields drifted
lower on Wednesday as inflation expectations leaped to
multi-year highs even as Federal Reserve officials downplayed
the risk of a big and sustained rise in inflation.
* Dow, S&P 500 up, Nasdaq slips. * Dollar eases from 2-week high. * U.S. Treasury yields off earlier highs. By Caroline Valetkevitch. The Nasdaq fell in afternoon trading on Wednesday, extending the previous session's sell-off, while the U.S. dollar eased off a more than two-week high hit earlier in the day.
The Dow Jones Industrial Average rose toward a fresh record Wednesday as concern about the potential for a rise in interest rates eased. The blue-chip average rose 0.5%, or about 166 points, putting it on pace to eclipse its closing high set in April. The S&P 500 rose 0.4%, while the tech-heavy Nasdaq Composite added 0.1% after a sharp decline Tuesday.
Major U.S. stock indexes rose Wednesday as concern about the potential for a rise in interest rates eased. The S&P 500 rose 0.5%, while the Dow Jones Industrial Average added 0.4%, or about 150 points. The tech-heavy Nasdaq Composite advanced 0.5% after a sharp decline Tuesday.
U.S. Treasury yields backpedaled
from earlier highs on Wednesday after an announcement of second
quarter auction sizes and data showing a big jobs gain in April
failed to shake the market out of its ...
The Canadian dollar gained ground
against its U.S. counterpart on Wednesday as oil prices rose and
economic data supported expectations for global economic
recovery, with the loonie approaching its ...
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