During the US stock market trading on Friday, the Dow Jones and S&P indices succeeded in achieving record trading numbers, after recording very strong profits in conjunction with the state of optimism that dominates the markets regarding the possibility of reducing the US interest rate soon.
During Friday’s trading, the S&P 500 rose by 65 points or 1.17% and is trading near 5,650. At the same time, the Dow Jones Industrial Average rose by 415 points or 1.04% and is trading near 40,168.72. The Nasdaq Composite also posted very strong gains of 1.37% or 450 points and is trading near 18,533.33.
It is noteworthy that the US stock indices recorded mixed performance at the close of trading on Thursday, despite the release of US inflation data (which came in weaker than expected) and contributed to strengthening market expectations regarding the possibility of cutting US interest rates twice during the current year.
