Dow Jones closes at record high for third session straight

The Fed officials indicated that inflation levels will certainly slump amid strong labour market, allowing more interest rate declines.

The Dow Jones Industrial Average edged up 0.3%, 123 points, to 44,860 points to close at a record for the third consecutive session. Likewise, the S&P 500 Index increased 0.55%, or 34 points, to 6,021 points, and the Nasdaq Composite added about 0.65%, or 119 points, to 19,174 points.

As for the European indices, STOXX Europe 600 fell 0.55% to 505.9 points, to close in the negative territory for the first time in three sessions.

CAC 40 inched down 0.85% to 7,194 points, FTSE 100 fell 0.4% to 8,258 points. DAX 40 decreased 0.55% to 19,295 points.

In Japan, Nikkei 225 edged down 0.85% to 38,442 points. TOPIX fell 0.95% to 2,689 points.

In the oil market, futures contracts for Brent crude for January delivery dropped 0.25%, or $0.20, to $72.81 per barrel, after touching $74.36.

Meanwhile, prices of West Texas Intermediate (WTI) crude oil for January delivery fell 0.25%, or $0.17, to $68.77 per barrel, after hitting $70.30.

As for gold, futures prices for the yellow metal for December delivery inched up 0.1%, or $2.8 to $2,621 per ounce, after touching $2.642.