{"id":108870,"date":"2024-12-02T22:26:00","date_gmt":"2024-12-02T18:26:00","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=108870"},"modified":"2024-12-04T00:28:16","modified_gmt":"2024-12-03T20:28:16","slug":"wall-street-recovers-following-upbeat-data","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/wall-street-recovers-following-upbeat-data\/12\/02\/market-updates\/","title":{"rendered":"Wall Street Recovers Following Upbeat Data"},"content":{"rendered":"\n<p>US stock markets on Wall Street are seeing significant gains since the start of the new trading week, boosted by improved economic performance in the United States reflected in recent data.<br><br>The S&amp;P 500 Index rose to 6048 points after adding approximately 15 points or 0.7%. Additionally, the tech-heavy Nasdaq reached a new record high of 19363 points, gaining about 179 points or roughly 1.00%. However, the Dow Jones Industrial Average declined to 44818 points, shedding about 100 points or 0.2%.<br><br>The Manufacturing PMI issued by the Institute for Supply Management (ISM) increased to 48.4 points in November from the previous reading of 46.5 points, exceeding market expectations of 47.5 points.<br><br>Markets are now looking forward to the release of the key US employment data at the end of the week, which is expected to support further Federal Reserve rate cuts.<br><\/p>\n","protected":false},"excerpt":{"rendered":"<p>US stock markets on Wall Street are seeing significant gains since the start of the new trading week, boosted by improved economic performance in the United States reflected in recent data.The S&amp;P 500 Index rose to 6048 points after adding approximately 15 points or 0.7%. Additionally, the tech-heavy Nasdaq reached a new record high of &hellip;<\/p>\n","protected":false},"author":13,"featured_media":53440,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[39,36],"tags":[6862],"class_list":["post-108870","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-global-stock-markets","category-market-updates","tag-wall-street"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/108870","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=108870"}],"version-history":[{"count":4,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/108870\/revisions"}],"predecessor-version":[{"id":108877,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/108870\/revisions\/108877"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/53440"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=108870"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=108870"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=108870"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}