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Independence Day Trading Hours
Wall Street Surges Ahead of July 4: S&P 500 Hits Record Close Amid Rate Cut Hopes | Daily Market Analysis
Key events: USA - Independence Day Eurozone - ECB's Lane Speaks Eurozone - ECB McCaul Speaks The S&P 500 achieved another record close on Wednesday during a shortened trading session, as weaker economic data increased hopes for imminent rate cuts, just before the July 4 holiday. The S&P 500 rose 0.5% to a new closing high of 5,534.63. Meanwhile, the Dow Jones Industrial Average dipped by 24 points or 0.1%, and the NASDAQ Composite surged 0.8% to a fresh record close.
Dow Ends with Decline as Fed Signals Interest Rate Hikes; Tech Giants Surge Ahead of Twitter Rival Launch | Daily Market Analysis
Key events:
Wall Street Sees Modest Gains Amid Tesla Surge and Resilient Bank Shares, Setting the Tone for Q3 | Daily Market Analysis
Key events: USA - United States - Independence Day Australia - RBA Interest Rate Decision (Jul) In a shortened session on Monday, Wall Street's primary indices eked out modest gains, supported by a surge in Tesla (NASDAQ: TSLA) and the resilience of bank shares, setting a subdued tone for the start of the second half of the year. Tesla shares experienced a notable increase of 6.9% after the electric vehicle manufacturer announced a record-breaking number of vehicle deliveries during the second quarter.
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