US Stock Indexes Reach Record Highs on Weak Labor Market Data
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#de6ef26b ver:0.3
US stock indexes hit record highs as weak labor market data increased expectations for interest rate cuts. The Nasdaq and S&P 500 reached new highs, with megacap stocks rallying and the S&P 500 communication services sector reaching its highest level since 2000. The Dow Jones also rose, while major banks saw a decline in stock prices. Macy's stock surged after an increased bid to buy the department store chain. #StockMarket #LaborMarket #InterestRates...
#newstr #UsStockMarket #S&p500 #Nasdaq #LaborMarket #InterestRates
https://here.news/story/de6ef26b?ver=0.3