3/2, 10:01 PM (Source: TeleTrader)
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Wall Street closes in the green with Fed in focus

Markets on Wall Street ended Thursday's session in positive territory after Atlanta Federal Reserve President Raphael Bostic said the Fed could stop raising interest rates by the end of summer. On the earnings front, investors awaited reports from Broadcom, Costco, Dell and Hewlett Packard Enterprises.

The Dow Jones jumped 1.05% and the S&P 500 rose 0.76%. Salesforce led the gains on both indexes, surging 11.51% after reporting a better-than-expected outlook for the first quarter of its fiscal 2024 a day earlier.

The Nasdaq 100 climbed 0.89%. The best performer was DexCom, whose shares soared 9.46%.

The euro slid 0.62% against the dollar to sell for 1.05992 at 3:59 pm ET.

Baha Breaking News (BBN) / NP