On Tuesday, October 24, U.S. stock markets closed higher as investor sentiment improved due to favorable corporate earnings.
Under economic data, the U.S. manufacturing PMI rose to 50 in October, beating expectations, while the Services PMI increased to 50.9 in the same month, compared to 50.1 in the previous month.
Investors await GDP and PCE price index data later this week, which may impact Federal Reserve policy.
The Dow Jones Industrial Average increased by 0.62% to 33,141.38, the S&P 500 was up 0.73% to 4,247.68, while the Nasdaq Composite rose 0.93% and closed at 13,139.88.
Asian Markets Today
- Japan’s Nikkei 225 closed 0.60% ...