Global Market : Dow Jumps 70 Points to Close at Day’s High!
Zee Business Video Team | Updated: July 8, 2024 11:45 AM IST
The American market closed on the rise on Friday. The Dow jumped 70 points to close at the day's high. Strong action in IT, Nasdaq rose 1% to new record level. S&P 500 also reached a new peak. Unemployment in the US increased to 4.1% in June, the estimate was 4%. 10 year bond yield slipped to near 4.3%. The probability of rate cut in September increased from 58% to 72%.
