Published on 1 Jun 2023 on Zacks via Yahoo Finance
Stock Market News for Jun 1, 2023
U.S. stocks ended lower on Wednesday as the House headed to vote on raising the federal debt ceiling to avoid a government default, while concerns grew over another interest rate hike in the Fed’s next meeting in June. All three major indexes ended in negative territory.
How Did The Benchmarks Perform?
The Dow Jones Industrial Average (DJI) declined 0.4% or 134.51 points to finish at 32,908.27 points.