US stocks edged up in last session amid a plethora of economic cues. Weak crude oil prices supported the sentiments and the three major US. stock indices rose, driven by a rebound in semiconductor stocks and a decline in US. Treasury yields. The Dow Jones Industrial Average closed at 53,577.40, up 160.24 points or 0.30% on the day. The S&P 500 rose 24.40 points or 0.32% to 7,677.28, while the tech-heavy Nasdaq Composite soared 171.11 points or 0.66% to close at 26,151.30. Investors are closely monitoring the release of the US July PCE price index.
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