Stocks hit record highs as Fed tapering concerns ease

  • 📰 ABSCBNNews
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 83%

Colombia Noticias Noticias

Colombia Últimas Noticias,Colombia Titulares

Global shares hit record highs Wednesday after data showed US consumer price increases slowed in July.

NEW YORK - Global shares hit record highs Wednesday after data showed US consumer price increases slowed in July, easing concerns that the Federal Reserve will imminently signal a scaling back of bond purchases.

Speculation is growing that Fed Chair Jerome Powell will signal timings on tapering stimulus at a meeting of central bankers in Jackson Hole, Wyoming, on Aug. 26-28. US nonfarm payrolls figures due in September could also influence tapering if they are particularly strong. The Dow Jones Industrial Average rose 220.23 points, or 0.62 percent, to 35,484.9, the S&P 500 gained 11.02 points, or 0.25 percent, to 4,447.77 and the Nasdaq Composite dropped 22.95 points, or 0.16 percent, to 14,765.14.

 

Gracias por tu comentario. Tu comentario será publicado después de ser revisado.
Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:

 /  🏆 5. in CO

Colombia Últimas Noticias, Colombia Titulares