Wall St closes higher on strong US economic data
- Posted on September 27, 2024
- By Business News Today
- 4 Views
Wall St closes higher on strong US economic data
The S&P 500 reached a record high, with the Dow and Nasdaq also rising. Micron Technology shares surged due to strong demand for memory chips. Positive U.S. economic data eased concerns about aggressive rate cuts by the Federal Reserve. Chinese stimulus plans boosted metal prices, while energy stocks fell.
