WASHINGTON: US stocks are stuck in wait-and-see mode ahead of the full slate of newsworthy events in store for tomorrow. After the opening bell, the S&P 500 rose 0.11 per cent to 2,432, the Dow Jones Industrial Average rose by the same margin to 21,165.7 and the Nasdaq Composite gained 0.26 per cent to 6,291.
US equity indices are eyeing another day of relatively quiet activity as investors hunker down in anticipation of a trio of potentially market-moving events set for Thursday: the European Central Bank’s policy decision, former FBI director James Comey’s testimony before a US Senate panel on his office’s Russia investigation and the UK elections. Yield on the 10-year US Treasury note — moving inversely to its price — was up to 2.15 per cent, a day after hitting an intraday seven-month trough of 2.13 per cent. And after falling earlier this week, the dollar index — which measures the greenback against a basket of peer currencies — was holding onto a 0.17 per cent gain to 96.80, helped by a dip in the euro ahead of the ECB decision.
