US stocks close higher, supported by receding expectations of interest rate hikes

US Stocks Close Higher, Supported by Receding Expectations of Interest Rate Hikes

Sumaira FH

Published September 04, 2026 | 04:15 AM

NEW YORK, (UrduPoint / Pakistan Point News / WAM - 04th Sep, 2026) US stock indices closed higher on Thursday, bolstered by a decline in investor expectations regarding interest rate hikes.

  • S&P 500 index rose by 1.07%—or 81.67 points—to reach 7,748.27 points.
  • Nasdaq Composite index climbed 1.40%—or 366.39 points—to hit 26,584.21 points.
  • Dow Jones Industrial Average increased by 1.18%—or 627.37 points—to reach 53,689.32 points.

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