Wall Street hesitates, adapts to Powell’s speech and concludes on a small rise


Operators of the New York Stock Exchange, July 12, 2023 (GETTY IMAGES NORTH AMERICA/AFP/SPENCER PLATT)

The New York Stock Exchange concluded a small rise on Friday in a jagged session where the market finally accommodated itself without conviction to the firm but cautious speech of Jerome Powell, president of the American central bank (Fed).

The Dow Jones index advanced 0.73%, the tech-heavy Nasdaq rose 0.94% and the S&P 500 0.67%, according to preliminary results.

© 2023 AFP

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