VWO - Asia Mostly Higher Europe Gains Gold Inches Toward $2400 - Global Markets Today While US Slept | Benzinga
On Wednesday, June 5th, U.S. stock markets closed higher, with the S&P 500 and Nasdaq setting record closing highs. This was driven by robust performances in technology stocks and buoyed by economic indicators that suggest the Federal Reserve may begin easing its policies soon.
Economic data showed that private U.S. businesses added 152,000 jobs in May, below expectations of 173,000 and 192,000 in April. Meanwhile, the ISM services PMI rose to 53.8, the highest in nine months and above the forecast of 50.8.
Technology stocks led the S&P 500 sectors’ gains, followed by communications and industrials, while consumer staples trailed.
The Dow Jones Industrial Average was up 0.25% and closed at 38,807.33. The ...