Business Standard

Thursday, December 19, 2024 | 06:10 PM ISTEN Hindi

Notification Icon
userprofile IconSearch

Wall Street up after Fed fears ebb; Apple slumps

Image

Reuters NEW YORK

NEW YORK (Reuters) - U.S. stocks ended slightly higher on Wednesday after fears eased that the Federal Reserve would strongly signal it would raise interest rates in June, though a slump in Apple shares weighed on the Nasdaq index.

The Dow Jones industrial average <.DJI> rose 52.74 points, or 0.29 percent, to 18,043.06, the S&P 500 <.SPX> gained 3.62 points, or 0.17 percent, to 2,095.32 and the Nasdaq Composite <.IXIC> dropped 25.14 points, or 0.51 percent, to 4,863.14.

(Reporting by Rodrigo Campos; Editing by Meredith Mazzilli)

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Apr 28 2016 | 1:39 AM IST

Explore News