CNBC Daily Open: The Dow hits another high amid a mostly flat market

  • 📰 NBCLA
  • ⏱ Reading Time:
  • 17 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 59%

News Nouvelles

Belgique Dernières Nouvelles,Belgique Actualités

U.S. economic data came in strong and earnings reports continue to beat expectations. That helped to push the Dow to another record close.

This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you see? You can subscribeto 3.25%, as markets had expected. That's its third 25-basis-point cut this year, the first time since December 2011 it's reduced rates at consecutive meetings. The ECB's Governing Council called the process of disinflation"well on track.

. That's higher than both the 0.1% gain in August and the 0.3% Dow Jones forecast, according to the advance report. In more positive economic news, initial jobless claims for the week ending Oct. 12 dropped 19,000 from the week before to 241,000. Those reports reinforce the maxim: Don't bet against the American consumer.

 

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:

 /  🏆 319. 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.

CNBC Daily Open: Stocks’ choppiness in October can be an opportunityThe see-saw motion of stocks in October isn’t all that bad if investors can seize the right time to enter the market or solidify their positions further.
La source: CNBC - 🏆 12. / 72 Lire la suite »