Thu, 4 December
2.1 C
Yerevan
USD: 381.14 RUB: 4.94 EUR: 444.68 GEL: 141.15 GBP: 508.59

Dow Jones, S&P 500 in record territory

YEREVAN, July 12./ARKA/. The Dow Jones industrial average and S&P 500 both closed Thursday with record highs after remarks by Federal Reserve Chairman Ben Bernanke that seem to indicate a continued stimulus.

The Dow rose 169.26, or 1.1 percent, to close at 15,460.92, breaking through a record set May 28.
But that wasn’t the only stock index to hit highs. The S&P 500 closed up 22.40 to 1,675.40, its highest level ever.

It wasn’t a record, but the Nasdaq was up 57.54 to close at 3,578.30 — its highest mark since 2000.—0-

spot_img

POPULAR

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Moody’s upgrades Converse Bank’s ratings

Moody's Ratings has upgraded Converse Bank CJSC's long-term local and foreign currency bank deposit ratings to Ba3 from B1, aligning the Bank’s rating with Armenia’s sovereign rating.

Ranking of the most profitable banks in Armenia based on results of second quarter of 2025

ARKA news agency publishes the ranking of the most profitable commercial banks in Armenia based on the results of the second quarter of 2025.

Net loan portfolio of Armenian banks in Q2 2025 increased by 6.11% to AMD 6.8 trillion

The combined loan portfolio of 17 Armenia-based commercial banks upped  by 6.11% in Q2 2025 compared to Q1 2025, amounting to AMD 6.82 trillion, according to a ranking compiled by  the ARKA news agency.

USD, EUR and RUB exchange rates rise against Armenian dram 

The average market exchange rate of the U.S. dollar to the Armenian dram on May 21, 2025, rose by 0.14 points to AMD 385.06 compared to May 20.

LATEST NEWS

spot_imgspot_imgspot_img