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US Stocks Close Marginally Higher in Muted Trading Ahead of July Fourth Holiday - News18

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[ad_1] Last Updated: July 04, 2023, 00:54 IST New York, United States of America (USA) The tech-rich Nasdaq Composite Index was the outlier for the day, edging up 0.2 percent to finish at 13,816.77. The lackluster start to trading in the second half of the year followed a bumper first half buoyed by investor enthusiasm for companies involved in generative AI US stocks closed marginally higher after a muted half-day of trading ahead of the July fourth Independence Day holiday. The lackluster start to trading in the second half of the year followed a bumper first half buoyed by investor enthusiasm for companies involved in generative artificial intelligence, from chipmakers to software firms. “Whenever you have a half day, you shouldn’t expect much activity in either direction — and that’s exactly what we got today," Art Hogan from B. Riley Wealth Management told AFP. “I think we’ll get back in the game on Wednesday," he added. The Dow Jones Industrial Average finished alm...