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US stocks extend gains, Nasdaq up 1.27 per cent

US stocks extend gains, Nasdaq up 1.27 per cent

Bitget2024/11/05 17:14

U.S. stocks extended gains, with the S&P 500 up 1 per cent, the Nasdaq up 1.27 per cent and the Dow up 0.81 per cent.

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Hawkish minutes combined with elevated CPI prompt major institutions like Goldman Sachs and CBA to shift to hawkish forecasts: The Reserve Bank of Australia may raise interest rates again as early as September.