SwedenLivingWorldBusiness

Tech giants lifted Wall Street

Published: 10 June 2024 22:02 -> Updated: 11 June 2024 16:49
Tech giants lifted Wall Street
Photo: Yuki Iwamura/AP/TT

The leading indexes on the New York Stock Exchange began the trading week on a positive note, following an upswing in the tech sector.

The broad S&P 500 index rose 0.3 per cent, the tech-heavy Nasdaq composite index increased 0.4 per cent, and the Dow Jones industrial index advanced 0.2 per cent.

Among the winners were index-heavy technology companies such as semiconductor giant Nvidia, up 0.8 per cent, and Facebook's parent company Meta, up 2.0 per cent.

Apple, which presented an AI initiative in the evening, fell 1.9 per cent.

On Wednesday, the next interest rate decision from the US central bank, the Federal Reserve, is due.

Organisations
TTT
By TTThis article has been altered and translated by Sweden Herald

More news

Statistics Sweden receives new assignment as investigation is rejected
1 MIN READ

Statistics Sweden receives new assignment as investigation is rejected

Increased probability of interest rate cut in August
2 MIN READ

Increased probability of interest rate cut in August

Foxconn makes a major investment in Vietnam
1 MIN READ

Foxconn makes a major investment in Vietnam

Real Estate CEO Believes in Much Lower Interest Rates
1 MIN READ

Real Estate CEO Believes in Much Lower Interest Rates

So high are the tariffs against Chinese electric cars
2 MIN READ

So high are the tariffs against Chinese electric cars

Sweden tops the list for Brits wanting to leave the country
1 MIN READ

Sweden tops the list for Brits wanting to leave the country

Housing deals are taking longer and longer
2 MIN READ

Housing deals are taking longer and longer

Lowered price on diesel and biodiesel
1 MIN READ

Lowered price on diesel and biodiesel

Gardell's billion investment boosts the share
2 MIN READ

Gardell's billion investment boosts the share

SBAB lowers fixed mortgage interest rates
1 MIN READ

SBAB lowers fixed mortgage interest rates

Norwegian lowers profit forecast - stock market plummets
1 MIN READ

Norwegian lowers profit forecast - stock market plummets

German factory orders fall unexpectedly
1 MIN READ

German factory orders fall unexpectedly

Workshop company drops on positive stock market
2 MIN READ

Workshop company drops on positive stock market

Record number of students have their study allowance withdrawn
3 MIN READ

Record number of students have their study allowance withdrawn

After the Nightmare Summer - New Hope for Farmers
2 MIN READ

After the Nightmare Summer - New Hope for Farmers

Most cheerful on Asia's stock exchanges
1 MIN READ

Most cheerful on Asia's stock exchanges

Ericsson writes down value of Vonage
1 MIN READ

Ericsson writes down value of Vonage

New record on Wall Street
1 MIN READ

New record on Wall Street

Rejection of Oscar Properties' Reconstruction Application
1 MIN READ

Rejection of Oscar Properties' Reconstruction Application

Polish interest rate remains at 5.75 percent
1 MIN READ

Polish interest rate remains at 5.75 percent