U.S. stocks were giving back some of Wednesday’s earlier gains after the release of the Federal Reserve’s beige book pointed to easing of labor conditions and weaker economic activity. Treasury yields were lower on hopes for Federal Reserve rate cuts next year.
How are stock indexes trading
The Dow Jones Industrial Average
DJIA
climbed 67 points, or 0.2%, to 35,484, after hitting a session high of 35,579.13.
The S&P 500
SPX
rose 3 points, or 0.1% near 4,559.
The Nasdaq Composite
COMP
advanced 6 points, or less than 0.1%, to 14,285.
The Dow was on pace for a 7.4% monthly gain, the best since October 2022. The S&P 500’s 8.7% advance in November and 11.1% climb for the Nasdaq Composite would be their best monthly gains since July 2022, per Dow Jones Market Data.What’s driving markets Stocks trimmed earlier gains on Wednesday after the Fed’s beige book survey of its districts showed mostly weaker economic activity and easing demand for labor. The main equity gauges still were on pace for …
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How are stock indexes trading
The Dow Jones Industrial Average
DJIA
climbed 67 points, or 0.2%, to 35,484, after hitting a session high of 35,579.13.
The S&P 500
SPX
rose 3 points, or 0.1% near 4,559.
The Nasdaq Composite
COMP
advanced 6 points, or less than 0.1%, to 14,285.
The Dow was on pace for a 7.4% monthly gain, the best since October 2022. The S&P 500’s 8.7% advance in November and 11.1% climb for the Nasdaq Composite would be their best monthly gains since July 2022, per Dow Jones Market Data.What’s driving markets Stocks trimmed earlier gains on Wednesday after the Fed’s beige book survey of its districts showed mostly weaker economic activity and easing demand for labor. The main equity gauges still were on pace for …nnDiscussion:nn” ai_name=”RocketNews AI: ” start_sentence=”Can I tell you more about this article?” text_input_placeholder=”Type ‘Yes'”]