Bullish
Nasdaq 100 closes at 29,502.58, up 1.23% amid easing rate hike fears
The Nasdaq 100 rose 1.23% to close at 29,502.58, driven by investor optimism following Federal Reserve Governor Christopher Waller's comments that alleviated concerns over potential rate hikes. This sentiment led to a rally in U.S. equity indexes and a decline in Treasury yields.
Key points
- Federal Reserve Governor Christopher Waller's remarks on rate hikes boost investor confidence.
- U.S. equity indexes rally as Treasury yields decline amid easing rate hike concerns.
- Nasdaq 100 closes at 29,502.58, up 1.23%.
Sources
AI-generated from public news sources. Not financial advice.
