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Stock market on December 19: S&P 500 and NASDAQ bounce back
Yesterday, stock indices closed in positive
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Yesterday, stock indices closed in positive territory. The S&P 500 increased by 0.79%, while the Nasdaq 100 gained 1.38%. The Dow Jones Industrial Average strengthened by 0.14%. Asian stock markets followed Wall Street's lead, as the slowdown in US inflation reinforced the need for interest rate cuts by the Federal Reserve. The euphoria that swept through US exchanges extended to the Asian region, where investors viewed the prospect of a more accommodative monetary policy from the Fed with optimism. Technology companies became
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Jakub Novak,
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