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Wall Street holds near its record heights
['Associated Press']
WWAYTV3WWAYTV3
Wall Street holds near its record heightsWall Street and Broad Street road sign, Photo Date: 06/23/2025 (New York Stock Exchange)NEW YORK (AP) — U.S. stock indexes are holding near their record heights on Tuesday as Wall Street takes a moment following a relentless rally.
The Dow Jones Industrial Average was up 292 points, or 0.6%, as of 9:55 a.m. Eastern time, and the Nasdaq composite was 0.3% lower.
Wall Street’s most influential stock fell 2%.
The Fed is wary because lower rates can give inflation more fuel, and inflation has stubbornly remained above its 2% target.
Japan’s stock market was closed for a national holiday.
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