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Stocks rise as rally continues with economy in focus: Stock market news today

June 16, 2023
Source: finance.yahoo.com finance.yahoo.com
News Snapshot:
US stocks rose at Friday's open, after rallying the previous day amid signs of a resilient economy that boosted hopes the Federal Reserve could end its rate-hike campaign soon. The S&P 500 (^GSPC) and the Dow Jones Industrial Average (^DJI) both ticked up around 0.4%, while the technology-heavy Nasdaq (^IXIC) was up slightly less. The University of Michigan Consumer Sentiment Index showed consumers are slightly more confident about the state of the economy, a data point that could help tilt a "hawkish" Fed closer to a July rate hike. The June preliminary number came in at 63.9, compared to expectations...
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China Tech Buzz Topics: Bloomberg | Business | China | consumer | data | DJI | Economy | education | finance | financial | index | LED | nasdaq | news | stock | stock market | stocks | technology | university | Yahoo

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