Wall Avenue immediately: US inventory indices combined after hitting file highs, highlight on Fed rate of interest choice

07 Nov 2024, 08:38 PM IST

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Abhishek Mukherjee is a seasoned market analyst with a deep understanding of financial trends and economic shifts. With years of experience in the field, Abhishek brings insightful analysis and up-to-date market news to help readers stay informed. His expertise spans stock markets, financial forecasts, and economic policy changes, making him a trusted voice in the industry.

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US inventory indices have been combined on Thursday after storming to file highs in earlier session on former president Donald Trump’s presidential election victory.

Market contributors have been awaiting Rate of interest choice from the Federal Reserve later within the day.

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On the opening bell, the Dow Jones Industrial Common fell 11.0 factors, or 0.03%, to 43718.92. The S&P 500 rose 18.2 factors, or 0.31%, to 5947.21, whereas the Nasdaq Composite rose 101.0 factors, or 0.53%, to 19084.428.

Earlier than the opening bell, futures for the S&P 500 rose 0.3% and the Dow Jones Industrial Common ticked up 0.2%.

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