5 min
Morning Bell 9 May Between the Bells
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- Investing
Wall Street closed mixed again on Wednesday as investors reacted to comments made by federal reserve officials this week signalling rates need to stay higher for longer in order to tame inflation to the target rate. The Dow Jones industrial average posted its sixth straight winning day, ending the session up 0.44% to notch the longest green streak in 2024, while the S&P500 closed just 0.03% lower and the tech-heavy Nasdaq fell 0.18%, weighed down by poor corporate earnings results. Uber s...
Wall Street closed mixed again on Wednesday as investors reacted to comments made by federal reserve officials this week signalling rates need to stay higher for longer in order to tame inflation to the target rate. The Dow Jones industrial average posted its sixth straight winning day, ending the session up 0.44% to notch the longest green streak in 2024, while the S&P500 closed just 0.03% lower and the tech-heavy Nasdaq fell 0.18%, weighed down by poor corporate earnings results. Uber s...
5 min