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U.S. Stocks See Further Upside Following Dovish Fed Pivot

By RTTNews Staff Writer   ✉   | Published:   | Follow Us On Google News
rttnewslogo20mar2024

Following the substantial rally seen late in the previous session, stocks saw further upside during trading on Thursday. Buying interest was somewhat subdued on the day, although the Dow still managed to reach a new record closing high.

The Dow climbed 158.11 points or 0.4 percent to 37,248.35, closing higher for the sixth consecutive session. The Nasdaq edged up 27.59 points or 0.2 percent to 14,761.56 and the S&P 500 rose 12.46 points or 0.3 percent to 4,719.55, reaching their best closing levels in almost two years.

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Global Economics Weekly Update: April 13 – April 17, 2026

April 17, 2026 15:29 ET
The ongoing conflict in the Middle East continues to raise concerns for policymakers who worry about the impact of the supply shock and high energy prices on the real economy. Producer price data and various survey results on the housing market were the main news from the U.S. this week. In Europe, industrial production data for the euro area gained attention. GDP figures out of China and the policy move by the Singapore central bank were in focus in Asia.