NextFin news, The Nasdaq Composite Index reached a record high close on Friday in New York, marking a notable milestone in the stock market. This occurred during a mixed trading session where other major indices showed varied performance.
Microsoft shares were a key contributor to the Nasdaq's gains, lifting the index as investors positioned themselves ahead of the Federal Reserve's upcoming policy meeting. Market participants are closely watching the Fed's decisions for indications on interest rates and economic outlook.
The Dow Jones Industrial Average declined by approximately six-tenths of a percent, while the S&P 500 closed essentially flat, reflecting a cautious market sentiment amid the anticipation of the Fed's policy announcement.
The trading session on Friday, September 12, 2025, in New York, underscored the market's sensitivity to central bank actions and the influence of major technology stocks on the Nasdaq's performance.
Sources for this report include The Star, Reuters, MarketScreener, and The Business Times, all reporting on the market close and investor focus on the Federal Reserve meeting.
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