The U.S. Nasdaq and Standard & Poor’s 500 indexes closed higher on Thursday after hitting their highest levels in nearly five months during the session, as stocks were supported by calmer-than-expected statements from the chairman of the Federal Reserve (U.S. Central Bank ) Jerome Powell. , while shares of Meta Platforms jumped thanks to the application of strict cost controls.
According to Reuters, the Dow Jones index was affected by the decline in shares of some large companies in the healthcare sector.
The Standard & Poor’s 500 rose 61.05 points, or 1.48%, to 4,180.26, while the Nasdaq Composite rose 384.91 points, or 3.26%, to 12,201.23, according to preliminary data. .
The Dow Jones Industrial Average fell 38.26 points, or 0.11%, to 34,054.70.
Powell confirmed that inflation in America is still high and above the 2% target, stressing the importance of “the US central bank remaining cautious about declaring a victory” in its fight against inflation.
Powell promised at a press conference following the US Federal Reserve’s decision to raise interest rates by a quarter of a percentage point on Wednesday, with further interest rate hikes in the coming period, to control inflation and bring it down to its target level.
While Powell welcomed the recent decline in inflation data, he said it was not enough to bring the CPI back to 2%.
