Record Highs for Stock Market But Little Overall Change - Forex News by FX Leaders

Record Highs for Stock Market But Little Overall Change

Two major indices reached new highs this week without changing much while the Dow Jones fell on Thursday.

Nasdaq and the S&P 500 achieved record highs on Thursday.

Quick overview

  • The Nasdaq Composite and S&P 500 reached all-time highs, with minor gains of 0.18% and 0.07% respectively.
  • The Dow Jones was the only major index to decline, falling 0.70% by the end of trading.
  • Gold futures are trending lower while oil futures are slightly climbing, indicating mixed movements in commodities.
  • The upcoming Federal Reserve meeting may discuss a potential interest rate cut amid signs of improvement in the job market.

ABOUT THE AUTHOR See More
Timothy St. John
Financial Writer - European & US Desks
Timothy St John is a seasoned financial analyst and writer, catering to the dynamic landscapes of the US and European markets. Boasting over a decade of extensive freelance writing experience, he has made significant contributions to reputable platforms such as Yahoo!Finance, business.com: Expert Business Advice, Tips, and Resources - Business.com, and numerous others. Timothy's expertise lies in in-depth research and comprehensive coverage of stock and cryptocurrency movements, coupled with a keen understanding of the economic factors influencing currency dynamics. Timothy majored in English at East Tennessee State University, and you can find him on LinkedIn.

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