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The Dow Jones gains 0%, the S&P-500 0.2% and the Nasdaq 0.5%
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FedEx up after publishing its quarterly figures
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Whirlpool progresse
par Ankika Biswas, Lisa Pauline Mattackal et Carolina Mandl
June 26 (Reuters) – The New York Stock Exchange ended slightly higher on Wednesday, after a mixed session in which investors remained cautious ahead of Friday’s release of U.S. inflation data.
The Dow Jones index gained 0%, or 15.64 points, to 39,127.80 points.
The broader S&P 500 gained 8.6 points, or 0.2%, to 5,477.90.
The Nasdaq Composite rose 87,502 points, or 0.5%, to 17,805.156 points.
“We are waiting to see the PCE inflation number on Friday to get more information,” said Michael Green, portfolio manager at Simplify.
PCE inflation is the US Federal Reserve’s (Fed) preferred indicator of price dynamics and essential to the conduct of monetary policy.
The Fed only plans to cut interest rates this year, in December. However, investors anticipate two declines in total this year, including one in September, according to LSEG data.
“Investors are awaiting tomorrow’s presidential debate and the release of economic data, including PCE (inflation) on Friday,” said Sam Stovall, chief strategist at CFRA Research.
In values, Whirlpool rose after Reuters reported that the German group Robert Bosch was considering launching a purchase offer for the American company.
FedEx was also up after releasing its quarterly numbers.
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following: NYSE Nasdaq Synthetic market summary…… 25 highest volumes……… Largest increases in %…….. Largest declines in %….. … Guide to American stock indices.. Market statistics……….. 10-year benchmark bond……. Guide to American sectoral indices.. Guide to American stock markets. .. Dow Jones Indices………… S&P Indices………… Ex-dividend values………….. Forecasts for Dow Jones and the S&P. (With contribution from Sruthi Shankar; French version Camille Raynaud)
