NEW YORK (Reuters) – The New York Stock Exchange ended mixed on Tuesday, with new closing records for the Nasdaq and the S&P 500 as investors eyed inflation figures to be released on Wednesday and the Federal Reserve’s monetary policy meeting.
The Dow Jones index fell 0.3%, or 120.62 points, to 38,747.42 points.
The broader Standard & Poor’s 500 gained 14.53 points, or 0.3% to 5,375.32 points.
The Nasdaq Composite advanced 151.017 points, or 0.9%, to 17,343.546 points.
While markets expect the Fed not to cut rates this month, they hope to get some guidance on its future strategy after its two-day monetary policy meeting.
At the same time, they will monitor the publication of the consumer price index (CPI) which, if it reflects a slowdown in inflation as expected, could encourage the central bank to open the door to at least a rate cut. by the end of the year.
In terms of values, Apple jumped 7.26% and set a new record after falling the day before, largely contributing to the rise in the Nasdaq.
The Apple brand unveiled new artificial intelligence features intended to increase the appeal of its devices at its annual developer event, which opened Monday, including an improved Siri virtual assistant that can respond answer more questions and complete more complex tasks than before.
General Motors gained 1.34% after announcing a six billion dollar share buyback program.
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(Written by Stephen Culp, Tangi Salaün)
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