How major US stock indexes fared Tuesday, 12/19/2023
ABC News
Wall Street closed higher and held near all-time highs amid hopes that moves by Japan’s central bank to keep interest rates easy for investors could be a preview for the rest of the world
Wall Street closed higher and held near all-time highs amid hopes that moves by Japan’s central bank to keep interest rates easy for investors could be a preview for the rest of the world. The S&P 500 rose 0.6% Tuesday, just shy of its record. The Dow rose 0.7%, and the Nasdaq composite added 0.7%. Japan’s Nikkei 225 was one of the world’s biggest winners after its central bank decided to keep its benchmark rate below zero in hopes of encouraging more borrowing and spending.
Hopes are building that the Fed may cut its own interest rates several times next year.
On Tuesday:
The S&P 500 rose 27.81 points, or 0.6%, to 4,768.37
The Dow Jones Industrial Average rose 251.90 points, or 0.7%, to 37,557.92.
