Stock market today: World shares mixed after US inflation data ease rate hike worries

Specialist Gregg Maloney is reflected in a video screen on the floor of the New York Stock Exchange, Wednesday, Sept. 13, 2023. Stocks are churning in place on Wall Street after a highly anticipated report showed inflation accelerated across the country last month, but not by much more than expected.

Hong Kong's Hang Seng index rebounded from earlier losses to pick up 0.2%, closing at 18,047.92. However, major Chinese real estate developer Country Garden's Hong Kong-traded shares sank 4.6% ahead of a deadline for a bond repayment. The inflation report said U.S. consumers paid prices last month that were 3.7% higher than a year earlier, up from July’s inflation rate of 3.2% and slightly more than the forecasts for a 3.6% increase.

Even though economists are willing to ignore fuel costs when looking at inflation to find the underlying trends, households and companies don’t get the same luxury.

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Stock market today: World shares mixed after US inflation data ease rate hike worriesShares have opened mixed in Europe after a day of gains in Asia following a highly anticipated report that showed a modest increase in inflation across the U.S. in August.
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Stock market today: World shares slip ahead of update on US consumer inflationShares have declined in Europe and Asia after falling on Wall Street ahead of a highly anticipated report on U.S. inflation due later in the day.
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Stock market today: World shares slip ahead of update on US consumer inflationShares have declined in Europe and Asia after falling on Wall Street ahead of a highly anticipated report on U.S. inflation due later in the day.
مصدر: ksatnews - 🏆 442. / 53 اقرأ أكثر »

Stock market today: Asian shares slide after tech, rising oil prices drag Wall St lowerShares have declined in Asia after falling on Wall Street ahead of a highly anticipated report on U.S. inflation due later in the day. Oil prices were little changed.
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