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Asia And Europe Markets Mixed, Gold Retreats - Global Markets Today While US Slept
On Monday, April 29th, the U.S. stock markets closed higher, led by significant gains in Tesla and Apple. Investors are waiting for the Federal Reserve’s interest rate decisions.
Tesla (NASDAQ:TSLA) shares surged 15.3% after making headway in securing regulatory approval for its driver-assistance program in China, its second-largest market.
In terms of economic indicators, the Dallas Fed Manufacturing index experienced a minor decline to -14.5 in April, down from -14.4 in March.
Nine of the 11 S&P 500 sectors finished higher, driven by gains in consumer discretionary, utilities, real estate, materials, and industrials, while Communication services and financials lagged.
The Dow Jones Industrial Average gained 0.38% to close at 38,386.09. The S&P 500 was up 0.32%, ending the day at 5,116.17, and the Nasdaq Composite rose 0.35%, finishing the ...