Stock Market News

Wall Street rises as Fed’s Williams cements rate-cut expectations.

The DowJones Industrial Average rose 3.12 points, or 0.01 percent, to 27,222.97, the S&P 500 gained 10.69 points, or 0.36 percent, to 2,995.11 and the Nasdaq Composite added 22.04 points, or 0.27 percent, to 8,207.24.

US stocks moved higher on Thursday after a slow start as comments from New York Fed President John Williams helped cement expectations for an interest rate cut from the US central bank at the end of the month.

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