NYSE stock market index hits over 2000 points
Stock market index at the New York Stock Exchange (NYSE) on Thursday recorded a more than 2,000 points rise following a decline in inflation in October, as federal data showed.
Investors have been monitoring if interest rate increases by the Federal Reserve are having the required impact in curbing price pressures, multiple media outlets reported.
The Dow Jones index closed at 33715.37, a difference of 1202 points compared to Wednesday, the highest post-Covid 19, and the (S&P 500) index rose more than 200 points and reached 3,955.96 points, its biggest rise since April 2020.
The NASDAQ index rose 760 points to reach 11,114 points, its best level since March 2020 as well.
Source: Jordan News Agency