US shares close Wednesday’s session with mixed figures one d...| MENAFN.COM

Saturday, 28 January 2023 05:53 GMT

US shares close Wednesday’s session with mixed figures one day before key inflation data


(MENAFN) US shares ended with mixed figures on Wednesday, a day ahead of the issue of key inflation numbers that the Federal Reserve studies closely.

The Dow Jones Industrial Average surged around 10 points, or 0.03 percent, to end stranding at 33,743.84 as the blue-chip index powerfully regained from a 400-point decline throughout the day.

The S&P 500, on the other hand, closed the day nearly unaffected, declining lower than a point, or 0.02 percent, to reach4,016.22.

The tech-heavy Nasdaq declined 21 points, or 0.18 percent, to end reaching 11,313.36.

The VIX volatility index, also known as the fear index, dropped 0.8 percent to stand at 19.05, whereas the 10-year US Treasury yield lost 0.5 percent to 3.451 percent.

The dollar index declined 0.24 percent to stand at 101.67, whereas the euro gained 0.26 percent to reach USD1.0913 in contrast to the dollar.

Precious metals regained and jumped back into green territory, with gold gaining 0.4 percent to USD1,945 an ounce and silver soaring 0.9 percent to USD23.89.

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