Stocks Tick Up On Wholesale Inflation Optimism After Worst Trading Day Since 2020

  • 📰 Forbes
  • ⏱ Reading Time:
  • 18 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 53%

Indonesia Berita Berita

Indonesia Berita Terbaru,Indonesia Berita utama

The modest market jump follows the worst day for stocks since June 2020.

The stock market rose slightly Wednesday morning following better than expected wholesale inflation data, though investor fears remain after the market suffered its worst day since June 2020 following a dismal consumer price index reading.Getty ImagesThe Dow Jones Industrial Average was up .06% before market open, or 60 points, while the S&P 500 rose .05% and Nasdaq fell 0.12%.

in the 12 months ending in August, spurring fears that the Federal Reserve will continue its aggressive monetary policy.released Wednesday by the Labor Department provided some reason for optimism, as the producer price index, which marks how much sellers pay for wholesale goods, fell .1% in August, while core prices fell .3%, beating estimates.

 

Terima kasih atas komentar Anda. Komentar Anda akan dipublikasikan setelah ditinjau.

this is an adampally character in a movie spoofing Wall Street, yeah?!

Berita ini telah kami rangkum agar Anda dapat membacanya dengan cepat. Jika Anda tertarik dengan beritanya, Anda dapat membaca teks lengkapnya di sini. Baca lebih lajut:

 /  🏆 394. in İD

Indonesia Berita Terbaru, Indonesia Berita utama