On Tuesday, July 27, U.S. stocks rallied following Monday’s climb as investors are eyeing the upcoming Federal Reserve monetary policy decision on Wednesday.
The benchmark S&P 500 climbed 0.24% with a net gain of $10.51. This sent the stocks higher at $4,422 per share.
Its gains were led by Hasbro Inc which rose 12.24% or 11.31 points to $103.72 per share.
This was followed by Aon PLC which progressed 8.21% or 19.08 points to $251.56 per share.
In addition, Live Nation Entertainment Inc jumped 5.75% or 4.47 points to $82.18 per share.
Moreover, the Dow Jones Industrial Average also climbed 0.24% with a net increase of $82.76. This sent the stocks above at $35,144 per share.
Its top performers include Dow Inc which spiked 3.16% or 1.90 points to $62.01 per share.
It was followed by Intel Corp which rose 2.47% or 1.31 points to $54.31 per share.
Also, Chevron Corp ameliorated 2.11% or 2.09 points to $100.95 per share.
Furthermore, the NASDAQ Composite Index hopped 0.03% with a net addition of $3.72. This sent the stocks up at $14,841 per share.
Its best performers were led by Bit Digital Inc which smashed 109.69% or 4.64 points to $8.87 per share.
This was followed by The9 Ltd ADR which soared 54.38% or 4.72 points to $13.40 per share.
Additionally, Flora Growth Corp also gained 49.67% or 1.50 points to $4.52 per share.
Global Stocks Mixed
Consequently, the MSCI Global Index was also boosted 0.26% with a net gain of $2.02 which sent the stocks high at $3,080.40 per share.
However, global stocks were mixed as London’s FTSE 100 Index declined 0.03% or 2.15 points to $7,025 while the FTSE All Share Index rose 0.02% or 0.87 points to $4,026.
In the Frankfurt Stock Exchange, both the DAX and the MDAX Performance Index plunged 0.32% or 50.31 points at $15,619 and 0.21% or 74.67 points to $35,089, respectively.
Meanwhile, Asia Pacific stocks were mostly up as Hong Kong’s Hang Seng Index lost 1.02% or 267.38 points to $25,924.94 per share.
In China, the SSE Composite Index and the SZSE Component Index both rose 0.14% or 4.96 points to $3,472.40 and 0.02% or 3.19 points to $14,634.04, respectively.
Likewise, Japan’s Nikkei 225, South Korea’s KOSPI, and Australia’s ASX 200 all increased 0.49% to $27,971.31, 0.60% to $3,244.46, and 0.54% to $7,433.90, respectively.