INDIA

Morning Report 25 Nov 21: US stocks rise after the release of the US Federal Reserve minutes with the S&P 500 index just below record highs

US sharemarkets were mixed on Wednesday. Shares in retailers Gap (-24.1%) and Nordstrom (-29%) fell after noting supply chain issues. Consumer discretionary (+0.2%) rose after data showed higher-than-expected spending in October. Shares in PC makers HP (+10.1%) and Dell (+4.8%) rose in response to earnings news. At the close of trade, the Dow Jones index was down by 9 points or less than 0.1%. But the S&P 500 index rose by 0.2%. And the Nasdaq index rose 70 points or 0.4%.

US sharemarkets were mixed on Wednesday. Shares in retailers Gap (-24.1%) and Nordstrom (-29%) fell after noting supply chain issues. Consumer discretionary (+0.2%) rose after data showed higher-than-expected spending in October. Shares in PC makers HP (+10.1%) and Dell (+4.8%) rose in response to earnings news. At the close of trade, the Dow Jones index was down by 9 points or less than 0.1%. But the S&P 500 index rose by 0.2%. And the Nasdaq index rose 70 points or 0.4%.

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