Mixed Signals from Global After Long Weekend: Nasdaq Soars Past 17,000 : Fed Hints at Future Hikes
Zee Business Video Team | Updated: May 29, 2024 09:24 AM IST
Soft signals from global markets, mixed action in US after long weekend. Nasdaq jumped 100 points and crossed 17000 for the first time. Big rise in Nasdaq due to 7% jump in NVIDIA. Dow Jones softened, slipped 215 points. The 10-year bond yield jumped above 4.5%. Statement by US Fed member Neel Kashkari – There is still a possibility of increasing interest rates
