[Breaking] New York Stock Market Closes Higher on Debt Negotiation Hopes... Nasdaq Up 1.28%
The three major indices of the U.S. New York Stock Exchange all closed higher on the 17th (local time) as optimism grew over an agreement to raise the debt ceiling, following consecutive remarks by President Joe Biden and House Speaker Kevin McCarthy assuring that there will be no default.
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On that day, the Dow Jones Industrial Average rose 1.24% compared to the previous session. The large-cap-focused S&P 500 index increased by 1.19%, and the tech-heavy Nasdaq index closed up 1.28%.
This content was produced with the assistance of AI translation services.
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