US stock indices rose at the end of yesterday’s trading session, as investors waited for more signals regarding monetary policy and the battle once morest inflation.
Wall Street succeeded in rising for the first time in 4 sessions, despite the continued concern regarding the economic recession in the United States.
The yield on US 10-year Treasury bonds rose today to 3.1%, the highest level since the end of last June.
Investors are awaiting a speech by Federal Reserve Chairman Jerome Powell at the “Jackson Hole” symposium today, to monitor any signals regarding monetary policy.
On the individual stocks side, Peloton Interactive rose more than 20% following the exercise equipment maker struck a deal to sell its products on Amazon.
At the end of trading, the Dow Jones Industrial Average rose 0.2%, or 59 points, to record 32,969 thousand points.
The “S&P 500” rose by regarding 0.3%, or 12 points, at 4,140 points, and the “Nasdaq” increased by 0.4%, equivalent to 50 points, to record 12,431 thousand points.
