November 13, 2024November 13, 2024

Nasdaq flips higher, joining Dow and S&P 500 in the green

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Wednesday’s afternoon trading session proceeded with all three major U.S. stock indexes shaking off earlier bouts of weakness and trading higher.

The Nasdaq Composite was up 25 points, or 0.1%, at around 19,306, joining the Dow Jones Industrial Average and the S&P 500 in the green.

Investors have been trying to extrapolate what an as-expected consumer-price index inflation report for October may mean for the prospects of a December interest-rate cut by the Federal Reserve, as well as future price pressures related to President-elect Donald Trump’s expected policies.

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