2024-09-17 14:30:20
The leading indices of the New York Stock Exchange took off higher at the opening of today’s trade. Better-than-expected U.S. retail sales data in August pointed to resilient consumer sentiment ahead of the start of the Federal Reserve Board meeting, CNBC reported.
The Dow Jones industrial average rose 95.27 points, or 0.23 percent, to 41,717.35.
The broader Standard & Poor’s 500 rose 20.1 points, or 0.36 percent, to 5,653.19.
The tech Nasdaq rose 118.97 points, or 0.68 percent, to 17,711.1.
Microsoft shares rose more than 1 percent after the tech giant raised its quarterly dividend by 10.7 percent to 83 cents a share. The concern also approved a share buyback program worth $60 billion, BTA writes.
Shares in Intel jumped 2.3 percent after the company said it plans to spin off its Altera chip business into an independent company with its own board of directors and the potential to raise external capital.