Lola Evans
28 May 2026, 01:35 GMT+10
NEW YORK, New York - U.S. stock markets posted modest gains on Wednesday, with all three major indexes closing in positive territory.
The Dow Jones Industrial Average led the way among U.S. indices. The blue-chip index advanced 182.60 points to finish at 50,644.28, an increase of 0.36 percent. The Dow traded between a low of 50,487.16 and a high of 50,830.41 during the session, coming within striking distance of its 52-week peak of 50,830.41. Volume on the Dow reached 486.487 million shares.
The broader Standard and Poor's 500 also managed a gain, though by a much narrower margin. The index rose 1.24 points to close at 7,520.36, a gain of just 0.02 percent. Trading volume for the S&P 500 totaled 3.025 billion shares. The index's intraday range spanned from 7,499.72 to 7,530.72, remaining well above its 52-week low of 5,843.66 and just shy of its high of 7,539.09.
The technology-heavy NASDAQ Composite also edged higher, adding 18.55 points to end the day at 26,674.73, an increase of 0.07 percent. Volume on the NASDAQ reached 7.395 billion shares.
U.S. Dollar Mixed as Kiwi Surges, Pound Slips in Wednesday FX Trading
The U.S. dollar posted a mixed performance against major currencies on Wednesday, with the New Zealand dollar emerging as the biggest mover. In contrast, the British pound and Australian dollar lost ground.
The New Zealand dollar was the standout gainer. The NZD/USD pair jumped 0.00648 to finish at 0.5900, an increase of 1.11 percent. The move came as traders reacted to shifting expectations for global interest rates and commodity prices, with the pair trading between a low of 0.5834 and a high of 0.5913 during the session.
The Japanese yen softened against the dollar. USD/JPY rose 0.23 to 159.54, a gain of 0.15 percent, as the dollar remained bid. The pair ranged from 159.18 to 159.58.
The Swiss franc also weakened modestly. USD/CHF added 0.0012 to reach 0.7869, higher by 0.16 percent, after touching a low of 0.7843 and a high of 0.7875. The Canadian dollar similarly lost ground, with USD/CAD climbing 0.0022 to 1.3835, also up 0.16 percent. That pair saw a low of 1.3803 and a high of 1.3852.
On the losing side for the dollar, the euro edged higher. EUR/USD rose 0.00022 to 1.1628, a gain of 0.02 percent, though the move was negligible. The pair traded between 1.1622 and 1.1661. The Chinese yuan also posted a small advance against the greenback. USD/CNY fell 0.00745 to 6.77930, a decline of 0.11 percent.
The British pound was among the session's weakest performers. GBP/USD dropped 0.00162 to settle at 1.3430, a loss of 0.12 percent. Sterling traded in a range of 1.3416 to 1.3459.
The Australian dollar saw the largest decline among the major currencies tracked. AUD/USD slid 0.00280 to close at 0.7140, down 0.39 percent, as the pair moved between 0.7123 and 0.7179.
Global Markets End Wednesday Mixed as KOSPI Surges, Hang Seng Slumps
Global stock markets closed with sharp divergences on Wednesday, as Asian benchmarks posted dramatic swings while European indexes showed more modest moves.
In a standout performance, South Korea's KOSPI Composite Index skyrocketed, adding 181.19 points to finish at 8,228.70, a gain of 2.25 percent.
In Taiwan, the TWSE Capitalization Weighted Stock Index also saw a strong session, climbing 731.43 points to close at 44,256.80, an increase of 1.68 percent.
Elsewhere in the Asia-Pacific region, New Zealand's S&P/NZX 50 Index rose 158.07 points to 13,227.81, up 1.21 percent.
In nearby Australia, the S&P/ASX 200 advanced 59.90 points to 8,717.70, a gain of 0.69 percent, while the broader ALL ORDINARIES added 62.60 points to end at 8,945.20, higher by 0.70 percent.
However, losses weighed on several major Asian indexes. Hong Kong's HANG SENG INDEX dropped 271.22 points to 25,328.23, a decline of 1.06 percent.
The SSE Composite Index in Shanghai fell 51.65 points to 4,093.73, down 1.25 percent.
In Indonesia, the IDX COMPOSITE slid 76.16 points to 6,130.19, losing 1.23 percent.
Singapore's STI Index decreased 41.75 points to 5,028.80, a fall of 0.82 percent, and India's S&P BSE SENSEX gave up 141.91 points to close at 75,867.80, down 0.19 percent.
In Malaysia, the FTSE Bursa KLCI finished flat at 1,699.02, showing no change for the session.
Japan's Nikkei 225 eked out a tiny gain of 3.32 points to 64,999.41, an increase of just 0.01 percent.
In Europe, the picture was more subdued. The CAC 40 in Paris added 34.78 points to finish at 8,207.89, a gain of 0.43 percent. The EURO STOXX 50 Index rose 6.39 points to 6,070.54, higher by 0.11 percent, while Belgium's BEL 20 increased 9.79 points to 5,613.58, up 0.17 percent. Israel's TA-125 rose 13.23 points to 4,432.94, a gain of 0.30 percent.
On the losing side in Europe, Germany's DAX P index dipped 7.09 points to close at 25,177.80, a marginal loss of 0.03 percent.
Euronext 100 Index fell 4.91 points to 1,845.00, down 0.27 percent.
Britain's FTSE 100 managed a positive close, advancing 13.62 points to end the day at 10,505.01, an increase of 0.13 percent.
Canadian stocks closed in the red. The S&P/TSX Composite index fell 241.82 points to settle at 34,412.05, a decline of 0.70 percent. Volume on the TSX totaled 278.598 million shares.
In Africa, South Africa's Top 40 USD Net TRI Index dropped 26.11 points to 7,058.62, a decline of 0.37 percent, while in Egypt, the EGX 30 Price Return Index shed 202.70 points to close at 52,658.80, falling 0.38 percent on volume of 386.02 million.
(This report incorporates quotes retrieved with the assistance of artificial intelligence).
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