Dow Surges 140 Points, Nasdaq Recovers Nearly 100 - Fed Statements & Interest Rates Update!

Markets closed near the day's high amid ups and downs... Dow rose 140 points, Nasdaq recovered nearly 100 points and closed... US Fed members' statement, no hurry to cut rates... Inflation 2 More focus on reaching the target of %... 10 year bond yield slipped below 4.1%... Slight fall in Dollar Index, near 104... Palantir Technologies up 31%, Spotify 4% and Ford Motor up 6% ... SNAP shares fell 32%

Updated on: February 07, 2024, 05.10 PM IST
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