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WAM reported that major US stock indices rose during trading on Wednesday in New York. The agency placed the Dow Jones Industrial Average at 49,910 points after it added 612 points for the session. It calculated the percentage increase at 1.24 percent.
According to the Emirates News Agency, the Nasdaq Composite gained 512 points to close at 25,839. WAM figures show this represented a 2.02 percent rise for the technology-heavy index. The report highlighted the performance without specifying individual stock drivers.
For the S&P 500, WAM reported an increase of roughly 106 points that brought the index to 7,365. The news agency calculated the gain at 1.46 percent. Its dispatch was issued on May 7, 2026, summarizing the prior day’s activity.
The WAM update from New York also covered commodity markets where US crude oil prices fell by more than $6 per barrel. It placed West Texas Intermediate crude at $95.45 following the decline. The energy price drop coincided with the equity market gains.
A separate WAM report on global markets earlier in 2026 noted that US indices had been advancing amid varying economic signals. The central bank had maintained interest rates in a range that supported equity valuations according to related Federal Reserve announcements. Such coverage has tracked cumulative yearly gains across the benchmarks.
