News Formal

Stock market today: Wall Street heads toward gains as markets try to finish the month strong

  • 📰 CTVNews
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 99%

Belgique Nouvelles Nouvelles

Belgique Dernières Nouvelles,Belgique Actualités

Wall Street pointed toward gains Friday ahead of closely-watched inflation data that could impact the U.S. Federal Reserve's next interest rate decision.

The government's consumer spending report that will be released before the opening bell contains a measure of inflation that is closely watched by the Fed, which has been raising rates furiously for more than a year in an effort to bring down inflation not seen since the early 1980s.

On Thursday, most stocks climbed on Wall Street following the latest signs that the U.S. economy remains stronger than feared. High rates slow inflation by dragging on the entire economy, and they have already hurt the manufacturing, technology, banking and housing sectors. The Shanghai Composite index jumped 0.6% to 3,206.06 and Hong Kong's Hang Seng edged 0.1% higher, to 18,949.70. The Nikkei 225 in Tokyo shed 0.1% to 33,189.04.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 1. in BE

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Tech and energy stocks lift S&P/TSX composite, U.S. stock markets mixed | Globalnews.caTech and energy stocks lift S&P/TSX composite, U.S. stock markets mixed
La source: GlobalNational - 🏆 81. / 51 Lire la suite »

Apple’s stock hits record, on cusp of US$3-trillion market valueThe latest gains in Apple’s shares follow strong rebounds this year from several of Wall Street’s technology-related heavyweights
La source: globeandmail - 🏆 5. / 92 Lire la suite »

AI frenzy and bank collapses: Stock market themes for the first half of 2023Here’s a look at some of the stock market themes of the first half of 2023. Read more.
La source: fpinvesting - 🏆 43. / 63 Lire la suite »

AI frenzy and bank collapses: Stock market themes for the first half of 2023Here’s a look at some of the stock market themes of the first half of 2023. Read more.
La source: nationalpost - 🏆 10. / 80 Lire la suite »

AI frenzy and bank collapses: Stock market themes for the first half of 2023Here’s a look at some of the stock market themes of the first half of 2023. Read more.
La source: financialpost - 🏆 7. / 85 Lire la suite »