Wall Street today: US stocks surge on rate cut hopes

1 week ago 7

1 min read 06 May 2024, 07:42 PM IST Trade Now

The Dow Jones Industrial Average roseate 86.8 points, oregon 0.22%, to 38762.43

Wall Street: US stocks surged connected Monday connected greater hopes of the US Federal Reserve cutting involvement rates this year.

The Dow Jones Industrial Average roseate 86.8 points, oregon 0.22%, astatine the unfastened to 38762.43. The S&P 500 roseate 14.6 points, oregon 0.29%, astatine the unfastened to 5142.42, portion the Nasdaq Composite roseate 52.2 points, oregon 0.32%, to 16208.537 astatine the opening bell.

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Published: 06 May 2024, 07:42 PM IST