[Breaking] New York Stock Market, Nasdaq Up 1.78% on Tightening End Expectations... Treasury Yields Fall
The three major indices of the U.S. New York Stock Exchange all closed higher on the 2nd (local time), digesting the Federal Open Market Committee (FOMC) decision to keep the benchmark interest rate unchanged the previous day and the decline in Treasury yields.
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On this day in the New York Stock Exchange, the Dow Jones Industrial Average rose 1.70% compared to the previous session. The S&P 500, which focuses on large-cap stocks, increased by 1.89%, and the Nasdaq, centered on technology stocks, rose 1.78%. After the market closed, the earnings report of Apple, the company with the largest market capitalization, is scheduled to be released.
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