The Dow Jones industrial average fell 11.06 points on Wednesday, down 0.04 percent to 26,554.39 on the New York Stock Exchange (NYSE).
The Standard & Poor's 500 Index rose 3.15, up 0.11 percent to 2,943.03. Tech-heavy Nasdaq grew 15.46 or 0.19 percent to 8,161.85.
The S & P 500 recorded as much as possible in terms of prices, as well as closing prices, and NASDAQ continued its march to record high levels.
The market dealt with US economic indicators, news of business negotiations and key performance of the company.
Good US consumption indicators supported the stock market.
The sales department said personal consumption (PCE) spending in March grew 0.9 percent (seasonally adjusted) from the previous month. Consumer spending rose by 0.1 percent in February.
Consumer spending rose by 0.6 percent in December, raising concerns about the US economy, but rising in March by 0.3 percent in January.
It was confirmed that inflationary pressures did not appear, which helped the stock price.
The PCE price index, the Federal Reserve's inflation indicator, was 0.2% higher in March. Up to 1.5 percent of the same period last year.
The main PCE price index excluding volatile food and energy prices remained unchanged in March (0%). The PCE price index rose by 1.6% year on year in March.
The US economic slowdown, released last week, fell to 3.2 percent in the first quarter and outperformed the market.
Expectations of trade negotiations with China were also maintained.
United States Treasury Secretary Stephen Moussin said in a business interview with Fox that trade negotiations with China could be completed in a few weeks, although some important issues still persist.
"Negotiations are on the last leg," said Munchun in an interview with the New York Times.
He said, "There are still important questions."
Mansushin and US sales representative Robert Lightshich are to hold a high-level meeting with Liu Hui, the Chinese Deputy Prime Minister, on Tuesday. Next week, Ryu visits Washington, DC, to continue negotiations.
As a result, the S&P 500 rose to 2,949.52, a record high of 2,940.91 on September 21st. The Nasdaq rose to its highest level by August 17,
Despite bullfighting, the main index was renewed to record highs every day, but sentiment also intensified.
Extensive events, such as the FOMC meeting to be launched next day, will be announced later in the week, and large companies, including Apple, are on the waiting list.
On the same day, restaurant shares, including Burger King, dropped by 1% due to weaker than expected results.
Google Alphabet's parent company, which posted earnings for the first quarter after it closed, fell by more than 3% due to imperfect sales.
According to industry, the value of communications increased by 0.85% and the financial situation increased by 0.93%. By contrast, prices of public services dropped by 0.64% and personal goods by 0.35%.
Other economic indicators published on that day were slow.
According to the Federal Reserve Bank of Dallas, the activity index for April dropped to 2.0, down 6.9 on the previous month. It also did not reach a forecast of 10.0.
New York stock market analysts predicted that there could be an expanded flow of waiting for events such as the FOMC.
"This week will be the busiest week," said Art Hogan, chief marketing strategist at National Securities. "It would be best to retreat," he said.
According to the Watch Watch of the Chicago Mercantile Exchange (CME), the FF futures market has a 21.1% chance of a 25bp cut in June.
The Chicago Option Exchange (CBOE) increased the volatility index (VIX) by 13.9%, up 2.99% from the previous trading day.[연합뉴스]
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