How major US stock indexes fared Thursday, 9/28/2023

How major US stock indexes fared Thursday, 9/28/2023

SeattlePI.com

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Wall Street ticked higher to trim its sharp loss for September after pressure squeezing it from the oil and bond markets relaxed a bit. The S&P 500 rose 0.6% Thursday. The Dow gained 0.3%, and the Nasdaq composite climbed 0.8%. A drop in oil prices took some heat off the stock market, a day after crude reached its highest price of the year. Treasury yields also relaxed after giving up earlier gains from the morning to give the stock market more of a breather. Big Tech stocks in particular felt relief. Meta Platforms and Nvidia helped lead the market.

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