New York [US], September 4: US stock indices closed higher on Thursday, bolstered by a decline in investor expectations regarding interest rate hikes.
The S&P 500 index rose by 1.07%-or 81.67 points-to reach 7,748.27 points, while the Nasdaq Composite index climbed 1.40%-or 366.39 points-to hit 26,584.21 points.
The Dow Jones Industrial Average increased by 1.18%-or 627.37 points-to reach 53,689.32 points.
Source: Emirates News Agency
