Stock indexes mostly rose globally on Wednesday, although the Nasdaq ended lower for the second day, while the U.S. dollar eased off its highest in more than two weeks. The Dow hit a record high and the S&P 500 ended up slightly, supported by gains in energy and other economically sensitive sectors including materials and financials. Tony Rodriguez, head of fixed income strategy at Nuveen, said it was possible Treasuries could move if the data varies much from forecasts.
GLOBAL MARKETS-Stocks mostly rise but Nasdaq falls; dollar backs off 2-week high
2021-05-05T21:54:38-04:00May 5th, 2021|