NEW YORK — Stocks are rising on Wall Street following a positive report on inflation. The S&P 500 rose 0.5% early Friday and the Nasdaq is up 0.7%. The Dow Jones Industrial Average is up 160 points, or 0.4%, a day after setting an all-time high. An inflation measure closely tracked by the Federal Reserve remained low last month, keeping the central bank on track to cut rates at its upcoming meeting. Chipmakers were broadly higher, led by Marvell Technology, which was up 7.
Dell also beat analysts' second-quarter forecasts, boosted by record server and networking revenue as companies continue to beef up their artificial intelligence infrastructure. Its shares rose 4.4% in premarket. The key report this week comes later Friday, when the U.S. government releases its July data on inflation with the PCE, or personal consumption and expenditures report. Economists expect the PCE, which is the Federal Reserve’s preferred measure of inflation, to show that inflation edged up to 2.6% in July from 2.5% in June. It was as high as 7.1% in the middle of 2022.
Japan’s benchmark Nikkei 225 added 0.7% to finish at 38,647.75 after data on the world’s fourth largest economy came in mostly positive.
لقد قمنا بتلخيص هذا الخبر حتى تتمكن من قراءته بسرعة. إذا كنت مهتمًا بالأخبار، يمكنك قراءة النص الكامل هنا. اقرأ أكثر:
مصر أحدث الأخبار, مصر عناوين
Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.
Stock market today: Wall Street sees mixed results after late-day selling, drop for NvidiaStocks closed with mixed results on Wall Street after some late-day selling. The S&P 500 was essentially flat after giving up an earlier gain of nearly 1%. The Nasdaq fell 0.
مصدر: SooToday - 🏆 8. / 85 اقرأ أكثر »
Stock market today: Wall Street rises as market focus turns from Nvidia to the US economyNEW YORK (AP) — Stocks rose on Wall Street Thursday as markets shift their focus back to the U.S. economy. The S&P 500 rose 0.8% in morning trading and is less than 1% away from its record set in July.
مصدر: SooToday - 🏆 8. / 85 اقرأ أكثر »
Stock market today: Wall Street rises as market focus turns from Nvidia to US economyNEW YORK (AP) — Stocks rose on Wall Street Thursday as markets shift their focus back to the U.S. economy. The S&P 500 rose 0.6% in morning trading, while the Dow Jones Industrial Average added 137 points, or 0.3%. The Nasdaq rose 1.
مصدر: SooToday - 🏆 8. / 85 اقرأ أكثر »
Stock market today: Wall Street opens higher as market focus turns from Nvidia to US economyNEW YORK (AP) — Wall Street is opening with gains as markets shift their focus back to the U.S. economy. The S&P 500 rose 0.4% in early trading Thursday, while the Dow Jones Industrial Average added 148 points, or 0.4% and the Nasdaq rose 0.8%.
مصدر: SooToday - 🏆 8. / 85 اقرأ أكثر »
Stock market today: Losses for Big Tech companies lead Wall Street lowerLosses for several big technology companies pulled the stock market lower. The S&P 500 fell 0.6% Wednesday, weighed down by drops in Nvidia, Apple, Microsoft and Amazon. The Dow Jones Industrial Average fell 0.4%.
مصدر: SooToday - 🏆 8. / 85 اقرأ أكثر »
Stock market today: Wall Street quiet as markets await Nvidia's latest earnings reportNEW YORK (AP) — Stocks are mostly unchanged in light trading as investors look ahead to an eagerly anticipated earnings report from the semiconductor company Nvidia, whose chips power AI applications. The S&P 500 slipped 0.
مصدر: SooToday - 🏆 8. / 85 اقرأ أكثر »