Wednesday, 1 June 2016

Wall Street notches minor gains as economic data pours in

Epic Research Update : US Markets
US stocks fluctuated before closing slightly higher on Wednesday as investors processed data on global manufacturing, US auto sales and inflation for clues about the Federal Reserve’s next interest rate hike.

The Nasdaq eked out a gain to close higher for a sixth straight session.

The Dow Jones industrial average rose 2.47 points, or 0.01 percent, to 17,789.67, the S&P 500 gained 2.37 points, or 0.11 percent, to 2,099.33 and the Nasdaq Composite added 4.20 points, or 0.08 percent, to 4,952.25.

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