NEW YORK: A tech rally pushed the S&P 500 to an all-time closing high on Thursday and Treasury yields extended their pull-back from recent peaks as market participants digested the U.S. Federal Reserve's vow to stay the course with its dovish monetary policy.
The Nasdaq led the way, advancing more than 1%, but the blue-chip Dow's gain was more modest.
Already a subscriber? Log in.
Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!