Stocks recover at quarter end as inflation diminishes

  • 📰 FXStreetNews
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 72%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

Short-covering amid lower inflation helps stocks stabilize, says Axel Rudolph, Senior Market Analyst at online trading platform IG. Stock stabilize on

Stock stabilize on last day of quarterinflation measure slow down. A lower oil price, US yields and US dollar also help sentiment, despite the greenback remaining on track for its eleventh consecutive week of gains."“As last ditch attempts in Congress to avert a US government shutdown look set to fail,

and negative market sentiment may once more rear their heads amid next week's European and US PMI, industrial production and employment data."This information has been prepared by IG, a trading name of IG Markets Limited. In addition to the disclaimer below, the material on this page does not contain a record of our trading prices, or an offer of, or solicitation for, a transaction in any financial instrument.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
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:

 /  🏆 14. in CA

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Here are 11 stocks Jim Cramer is watching, including Buffett's Berkshire and restaurant stocksHere are some of the tickers on my radar for Friday, Sept. 29, taken directly from my reporter's notebook.
Source: CNBC - 🏆 12. / 72 Read more »