NEW YORK — Stocks are ticking higher on Wall Street with hopes that central banks around the world are close to done with their hikes to interest rates. The S&P 500 was up 0.5% in early trading Thursday. The Dow rose 148 points and the Nasdaq composite added 0.4%. Some of the strongest action was in the bond market, where Treasury yields swung up and then down as traders sifted through a mixed set of U.S. reports showing the economy is still humming, though inflation may be too.
The inflation report showed that 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.
In Europe at midday, Germany’s DAX was down 0.1% while the CAC 40 in Paris and London's FTSE 100 were mostly unchanged.
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:
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Stock market today: Wall Street churns a bit higher in early tradingNEW YORK (AP) — Stocks are churning slightly higher on Wall Street after a highly anticipated report showed inflation accelerated across the country last month, but not by much more than expected. The S&P 500 was up 0.
Sumber: SooToday - 🏆 8. / 85 Baca lebih lajut »
Stock market today: Wall Street churns after highly anticipated inflation dataNEW YORK (AP) — Stocks churned to a mixed close on Wall Street after a highly anticipated report showed inflation accelerated across the country last month, but not by much more than expected. The S&P 500 managed a gain of 0.
Sumber: SooToday - 🏆 8. / 85 Baca lebih lajut »
Stock market today: Asian shares slide after tech, rising oil prices drag Wall St lowerStocks fell Wednesday in Asia after a slide in technology stocks dragged Wall Street lower ahead of a key report on U.S. inflation. Hong Kong's Hang Seng lost 0.2% to 17,986,56 and the Shanghai Composite index sank 0.8% to 3,113.18. Japan's Nikkei 225 index shed 0.2% to 32,706.52, while the Kospi in Seoul edged 0.1% lower, to 2,533.61. Australia's S&P/ASX 200 gave up 0.7% to 7,154.60. Shares rose in India and Taiwan but fell in Southeast Asia. Regional markets have been relatively quiet ahead of
Sumber: YahooFinanceCA - 🏆 47. / 63 Baca lebih lajut »
Stock futures dip in countdown to key CPI data: Stock market news todayAugust's Consumer Price Index inflation report is a key data point for the Fed when it decides on rates policy next week.
Sumber: YahooFinanceCA - 🏆 47. / 63 Baca lebih lajut »
Stock futures stumble as CPI data comes in hot: Stock market news todayAugust's Consumer Price Index inflation report is a key data point for the Fed when it decides on rates policy next week.
Sumber: YahooFinanceCA - 🏆 47. / 63 Baca lebih lajut »