US stocks - The S&P 500 index and Nasdaq Composite, both jumped to their highest levels since April 2022 as the market expected the US Federal Reserve (Fed) to hold off on raising interest rates during the meeting. meeting June 13-14. Consumer price index data on Tuesday will provide a look at inflation, which remains well above the Fed's 2% annual target.
The market gained 8.49 points (0.77%) to close at 1,116.02 points. Selling pressure increased strongly at the beginning of the morning and spread to the whole market but recovered near the end, especially in ATC session; The retail sector attracted money with DGW hitting the ceiling.
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