S&P 500 Climbs to Highest Level in More Than a Year
newscatcher
2023-06-12 21:31
S&P 500 Climbs to Highest Level in More Than a Year
Wall Street climbed Monday ahead of a big week for central banks around the world, vaulting the S&P 500 to its highest level in more than a year. The benchmark index rose 40.07 points, or 0.9%, to 4,338.93 and its highest close since April 2022. The Dow Jones Industrial Average gained 189.55, or 0.6%, to 34,066.33, while the Nasdaq composite rallied 202.78, or 1.5%, to 13,461.92. The US stock market has been cruising on hopes the economy may avoid a recession and the Federal Reserve may soon take it easier on its hikes to interest rates.

https://www.newser.com/story/336428/sp-500-climbs-to-highest-level-in-more-than-a-year.html

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