CNBC Daily Open: Shiny September days for stocks

  • 📰 CNBC
  • ⏱ Reading Time:
  • 31 sec. here
  • 16 min. at publisher
  • 📊 Quality Score:
  • News: 65%
  • Publisher: 72%

China Noticias

Shanghai,Economic Events,Nikkei 225 Index

Stocks’ defiant showing this September was helped by positive sentiment generated by the U.S. Federal Reserve’s jumbo rate cut and upbeat economic data.

This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you see? You can subscribe. Year over year, prices rose 2.2%, lower than the Dow Jones survey consensus of 2.3% and July's 2.5%. Core PCE, which excludes food and energy prices, increased 0.1% in August and 2.7% from a year ago. Economists were expecting 0.2% and 2.7% respectively.

The three major U.S. indexes have thus far posted three straight positive weeks. With just one trading day left in the month, it's almost certain they'll finish September in the green. The PCE price index, which tracks the amount consumers spend on goods and services, came in cooler than expected. "All quiet on the inflation front," said Chris Larkin, managing director of trading and investing at E-Trade from Morgan Stanley. "Inflation continues to keep its head down, and while economic growth may be slowing, there's no indication it's falling off a cliff."

Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:

 /  🏆 12. in ES
 

Gracias por tu comentario. Tu comentario será publicado después de ser revisado.

España Últimas Noticias, España Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

CNBC Daily Open: Stocks are dancing in SeptemberStocks’ defiant showing this September was helped by positive sentiment generated by the U.S. Federal Reserve’s jumbo rate cut and upbeat economic data.
Fuente: nbcsandiego - 🏆 524. / 51 Leer más »

CNBC Daily Open: Did Apple's shiny new things improve market sentiment?Maybe all it takes are shiny new things to lift our mood and take our minds off recession fears.
Fuente: NBCNewYork - 🏆 270. / 63 Leer más »