Major stock indexes in the United States traded mixed at the close on Thursday as investors assessed the Federal Reserve's decision to keep interest rates unchanged, while the central bank's Chair Jerome Powell signaled only one interest cut by the end of the year. On the economic front, the latest report by the Bureau of Labor Statistics showed that producer prices dropped by 0.2% in May and the annual inflation stood at 3.3%, declining from 3.4% recorded in April.
The Dow Jones closed 0.17% lower, as Salesforce Inc. fell by 2.87%. The Nasdaq 100 climbed by 0.57%, with Broadcom Inc. pushing the index up with a rise of 12.27%. The S&P 500 advanced by 0.23%, and Super Micro Computer Inc. surged by 12.44%.
The euro lost 0.62% compared to the dollar at 3:58 pm ET, going for $1.07423.
