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Asia And Europe Markets Advance, Crude Near $80 While Dollar Gains - Global Markets Today While US Slept
On Monday, June 17th, the U.S. stock markets finished strong, with the S&P 500 and Nasdaq achieving record highs. This was driven by a surge in technology stocks amid excitement over artificial intelligence. Apple and Microsoft bounced back from initial dips.
Economic indicators showed improvement as the NY Empire State Manufacturing Index increased to -6 in June from -15.6 in May, surpassing market expectations of -12.50.
The S&P 500’s sectors mostly finished higher, with industrials, information technology, and consumer discretionary stocks leading the gains, while utilities and real estate sectors lagged behind.
The Dow Jones Industrial Average was up 0.49% and closed at 38,778.10. ...