Why the Nasdaq Index gained 3% Today

Why the Nasdaq Index gained Today

In this post, we will talk about why Nasdaq and Dow Jones have gained momentum, what will be its impact on that stock market and why the dollar price has fallen.

Why the Nasdaq Index gained more than 3%

Why the Nasdaq Index gained more than 3%
Why the Nasdaq Index gained more than 3%

Today, Federal Reserve Chairman Jerome Powell said that the central bank has been able to soften its stance on the central bank until December For this reason, the Nasdaq index has gained more than 4.4% and the Dow Jones have gained more than 2.67% from their lows.

The Dow Jones is up by 34,395 points at the time of 30 Nov, 15:26 GMT-5 or the Nasdaq index is up at 11,382.26 points at the time of 30 Nov, 15:27 GMT-5.

Why Dollar Price is Decreasing Today?

Why Dollar Price is Decreasing Today?
Why Dollar Price is Decreasing Today?

Powell’s statement has caused a big drop in that dollar.

The US dollar index was last at 106.39, down 0.40% on the day. The euro rose 0.32% to $1.0360 and the greenback fell 0.17% to 138.39 yen.

For More News Click Here: stockmarketexpress.com

Leave a Reply

Your email address will not be published. Required fields are marked *