Record Highs: Friday's Surge Takes Dow to New Heights, Nasdaq Takes a Dip | Global Markets
Zee Business Video Team | Updated: January 29, 2024 11:15 AM IST
Good signals from global markets... China banned short selling of some stocks... Took steps to bring stability in the market... Good action in American markets in two days... Dow rose 240 points on Thursday. .. Dow hit record high with a gain of 60 points on Friday... Nasdaq fell on Friday after 6 days of strong rise... Upward trend in US on the basis of strong economic data... US GDP 3.3 in Q4 %, the estimate was 2%... US GDP in 2023 was 2.5%, the estimate was 1.9%... Also supported by Core Personal Consumption Expenditure data
