Dow leads Wall St higher in lean trading week

March 27 - Wall Street's main stock indexes ticked higher on Wednesday, with the blue-chip Dow leading gains in thin trading ahead of crucial economic data, commentary from the Federal Reserve's policymakers and a long holiday weekend.

"The Fed's Chris Waller may offer a rebuke of Jay Powell's dovishness today," said Thierry Wizman, global FX & rates strategist at Macquarie. Traders see a 70% chance the Fed will begin its easing cycle in June, according to the CME FedWatch tool. Leading gains on the Dow, Merck & Co , opens new tab rose 4.6% after the U.S. Food and Drug Administration approved its therapy for adults with high blood pressure due to constriction in lung arteries.Robinhood Markets , opens new tab climbed 4.6% after the online trading app launched a new credit card.

Finance Finance Latest News, Finance Finance Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Wall St starts holiday-shortened week lower; Boeing limits losses on DowThe Kitco News Team brings you the latest news, videos, analysis and opinions regarding Precious Metals, Crypto, Mining, World Markets and Global Economy.
Source: KitcoNewsNOW - 🏆 13. / 78 Read more »

U.S. industrial stocks in the wake of Dow’s record high and sector surgeWe are looking for U.S. industrial stocks that appear compelling from quantitative, trend-following and earnings-growth perspectives
Source: globebusiness - 🏆 31. / 66 Read more »

Dow, S&P 500 slip, but still set for this year's best weekThe Kitco News Team brings you the latest news, videos, analysis and opinions regarding Precious Metals, Crypto, Mining, World Markets and Global Economy.
Source: KitcoNewsNOW - 🏆 13. / 78 Read more »