US stocks jumped on Thursday as investors weighed fresh inflation and labor data against high-running expectations for a quarter-point interest-rate cut next week. The S&P 500 rose 0.7% to close out its fourth consecutive winning session. The Nasdaq Composite jumped around 1%, also adding to daily back-to-back gains this week fuel by tech. The Dow Jones Industrial Average edged up almost 0.6%.
Wholesale prices rose at a rate of 0.2% month over month, slightly above what economists anticipated. On an annualized basis, PPI increased 1.7%, in line with expectations, while July's reading was revised lower. That followed August's consumer price reading that showed gradual cooling, as well.
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:
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: S&P 500, Nasdaq rise as rate-cut conviction runs highThe market is weighing how deeply the Federal Reserve could cut interest rates in September on the eve of a key speech by Jerome Powell.
Fonte: YahooFinanceCA - 🏆 47. / 63 Consulte Mais informação »
Stock market today: S&P 500, Nasdaq slip as sluggish start to September continuesInvestors are looking to labor data to gauge the chances of a 'soft landing' for the economy.
Fonte: YahooFinanceCA - 🏆 47. / 63 Consulte Mais informação »
Stock market today: S&P 500, Nasdaq futures rise as rate-cut conviction runs highThe market is weighing how deeply the Federal Reserve could cut interest rates in September on the eve of a key speech by Jerome Powell.
Fonte: YahooFinanceCA - 🏆 47. / 63 Consulte Mais informação »
Stock market today: S&P 500, Nasdaq slump as Nvidia struggles ahead of earningsStocks are eyeing a bid for fresh record highs after Jerome Powell made it crystal clear the Fed is ready to pivot to lowering rates in September.
Fonte: YahooFinanceCA - 🏆 47. / 63 Consulte Mais informação »
Stock market today: S&P 500, Nasdaq resume climb as Fed minutes signal 'likely' September rate cutInvestors marking time before Jackson Hole will get Fed minutes and jobs data revisions that could shift the needle on rate cut bets.
Fonte: YahooFinanceCA - 🏆 47. / 63 Consulte Mais informação »
Stock market today: S&P 500, Nasdaq resume climb as Fed minutes signal 'likely' September rate cutInvestors marking time before Jackson Hole will get Fed minutes and jobs data revisions that could shift the needle on rate cut bets.
Fonte: YahooFinanceCA - 🏆 47. / 63 Consulte Mais informação »