Published on 24 Mar 2023 on Zacks via Yahoo Finance
Stock Market News for Mar 24, 2023
Wall Street closed higher on Thursday, led by tech stocks. Investors priced in that the Fed might be nearing the end of its rate-tightening cycle and were upbeat on comments from the treasury secretary about the government safe-guarding bank deposits. Treasury yields fell on the day, giving a boost to trade. All three major indexes ended in the green.
How Did the Benchmarks Perform?
The Dow Jones Industrial Average (DJI) rose 0.2%, or 75.14 points, to close at 32,105.25. Eighteen components of the 30-stock index ended in positive territory, while 12 ended in negative.