News Formal

Stock market today: US futures gain after inflation cools more than expected

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 18 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 63%

Consumer Inflation Notícia

Brasil Últimas Notícias,Brasil Manchetes

Jerome Powell steps up for part two of his policy update to Congress, with investors on the alert for more clues to rate-cut prospects.

US stocks were set for gains Thursday after a key report on consumer inflation came in cooler than thought, as consumer prices unexpectedly fell on a month-over-month basis for the first time since 2020. S&P 500 futures rose 0.2%, after the broad index crossed 5,600 for the first time on Wednesday. Dow Jones Industrial Average futures rose roughly 0.1%, while contracts on the tech-heavy Nasdaq 100 also gained around 0.2%. The Consumer Price Index declined 0.

Stock gains have picked up pace this week as Fed Chair Jerome Powell has suggested that conditions are almost right for the Federal Reserve to start making interest-rate cuts. Thursday's inflation look bolstered bets on a cut by September, with around 87% of traders expecting such an outcome, according to the CME FedWatch tool.

 

Obrigado pelo seu comentário. Seu comentário será publicado após ser revisado.
Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

 /  🏆 47. in BR

Brasil Últimas Notícias, Brasil Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

Stock market today: Wall Street ticks higher ahead of more testimony from Fed Chair PowellNEW YORK (AP) — U.S. stocks are ticking higher, sending Wall Street toward more records. The S&P 500 was up 0.2% in early trading Wednesday. The Dow Jones Industrial Average was flat, and the Nasdaq composite was 0.4% higher.
Fonte: SooToday - 🏆 8. / 85 Consulte Mais informação »

Stock market today: US stocks hold near records as Powell buoys rate-cut hopesJerome Powell steps up for part 2 of his policy update to Congress, with investors on the alert for more clues to rate-cut prospects.
Fonte: YahooFinanceCA - 🏆 47. / 63 Consulte Mais informação »

Stock market today: US futures hold near records as Powell buoys rate-cut hopesJerome Powell steps up for part 2 of his policy update to Congress, with investors on the alert for more clues to rate cut prospects.
Fonte: YahooFinanceCA - 🏆 47. / 63 Consulte Mais informação »

Stock market today: Wall Street wavers following congressional testimony from PowellStocks closed mixed on Wall Street after testimony from Federal Reserve Chair Jerome Powell in front of Congress provided little new guidance on the Fed’s plans on when it might lower interest rates.
Fonte: SooToday - 🏆 8. / 85 Consulte Mais informação »