NEW YORK/LONDON July 16 - World stock indexes mostly rose and the U.S. dollar strengthened on Tuesday after solid U.S. retail sales signalled resilience in the economy.
Federal Reserve Chair Jerome Powell said on Monday that recent inflation data bolstered policymakers' confidence that price pressures are on a sustainable path lower. Opinion polls show a close race between Trump and President Joe Biden, though Trump leads in several states that are likely to decide the November election.
The dollar index , which measures the greenback against a basket of currencies including the yen and the euro, gained 0.16% to 104.41, with the euro down 0.14% at $1.0879. Against the Japanese yen , the dollar strengthened 0.37% to 158.6.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Trump Media, crypto stocks jump as odds of Trump victory rise after shootingPrison operators and gun producers see gains
Source: globeandmail - 🏆 5. / 92 Read more »
Trump Media, crypto stocks jump as odds of Trump victory rise after shootingInvestors said trades betting on Trump's victory will increase this week after he was shot in the ear during the rally in Pennsylvania. Shares of Trump...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »
BlackRock bullish on U.K. stocks after elections, Japan stocks are top playBlackRock Investment Institute said in a mid-year outlook report that the prospect of higher-for-longer interest rates made inflation-linked bonds attractive
Source: globeandmail - 🏆 5. / 92 Read more »
Stocks and cryptos trade sideways as investors eye PCE report, Biden-Trump debateThe Kitco News Team brings you the latest news, videos, analysis and opinions regarding Precious Metals, Crypto, Mining, World Markets and Global Economy.
Source: KitcoNewsNOW - 🏆 13. / 78 Read more »
EV, Chips, Crypto Stocks in Crosshairs as Biden, Trump Face OffThe stock market has largely brushed off the uncertainty around November’s US election. That may change Thursday evening, when President Joe Biden and former President Donald Trump face off in the first debate in the race.
Source: BNNBloomberg - 🏆 83. / 50 Read more »
Stocks close higher, Trump tax cuts: Market Domination OvertimeAll three of the major market averages (^GSPC, ^DJI, ^IXIC) ended Monday's session in the green, with the Dow Jones Industrial Average snapping its losing...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »