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Global Markets Wrap | Latest Business News | World Business Watch

by 198 Germany News
September 29, 2024
in VIDEO NEWS FROM AROUND THE WORLD
Reading Time: 1 min read
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Let’s take a look at how markets performed this past week…

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US Equities closed the week on a high note, with the Dow Jones industrial average hitting a record. This marked the Dow’s third consecutive week of gains. The S&P 500 dipped slightly on Friday, while the NASDAQ composite followed due to a 2% decline in Nvidia. Encouraging inflation data, rise in the personal consumption expenditures index, bolstered investor sentiment regarding potential interest rate cuts from the Federal Reserve.

#stock #market #stockmarket

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