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07/10/2026 17:11

FOMC releases minutes of September meeting, US releases consumer credit data

    ET Net News Agency reported on the 7th: US stocks rose across the board yesterday, with both the S&P and Nasdaq hitting intraday and closing highs. Market sentiment was supported by falling US Treasury yields and stabilized oil prices, while investor focus gradually shifted toward the upcoming third-quarter earnings season. The Dow Jones closed up 253.38 points, or 0.49%, at 51,521.28; the S&P rose 44.98 points, or 0.58%, to 7,818.93; the Nasdaq gained 122.48 points, or 0.45%, to 27,599.79. In Hong Kong, the Hang Seng Index closed at 24,130, down 150 points or 0.6%, with turnover of HK$94.7 billion.

    Regarding major economic events around the world, at 2:00 am tomorrow Hong Kong time, the US Federal Open Market Committee (FOMC) will release the minutes of its September 15-16 meeting.

    On the data front, at 3:00 am tomorrow, the US will release August's consumer credit data, which is expected to decline from USD 180.6 billion to USD 150 billion. (wa)
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