03-Sep-2026      11:30

U.S. Stocks post marginal gains

The US markets made decent gains on Wednesday, but overall sentiment remained cautious with US bond yields near multi-year highs. The Dow Jones Industrial Average increased by 0.56%, or 295 points, closing at 53,061.95. The S&P 500 rose 0.46% to 7,666.60, and the NASDAQ Composite climbed 0.45% to 26,217.83. The Federal Reserve's Beige Book reported modest economic expansion from early July to late August, with 10 of 12 districts seeing slight to moderate growth, driven by data center construction and defense orders. AI adoption improved productivity but weakened demand for some entry-level jobs.

News source: Capital Market - Live News