News Formal

US Consumer Price Inflation Cools, Stocks Surge

  • 📰 cnnbrk
  • ⏱ Reading Time:
  • 11 sec. here
  • 8 min. at publisher
  • 📊 Quality Score:
  • News: 29%
  • Publisher: 55%

Economy Berita

US,Consumer Price Inflation,Prices

US consumer price inflation has cooled more than expected, providing some relief to Americans who have been dealing with high prices. As a result, US stocks surged, with the Dow up by over 500 points, the S&P 500 gaining 2%, and the Nasdaq Composite adding 2.3%.

Prices continue to rise at a rate not seen in two years, with the Consumer Price Index rising 3.2% for the 12 months ending in October. However, this is down from 3.7% in September and is the lowest annual rate since March 2021. US consumer price inflation has cooled more than expected, providing some relief to Americans who have been dealing with high prices. As a result, US stocks surged, with the Dow up by over 500 points, the S&P 500 gaining 2%, and the Nasdaq Composite adding 2.3%.

On a monthly basis, prices remained unchanged for the first time since July 2022, after a 0.4% increase the previous month. Economists had anticipated a 0.1% monthly increase and a 3.3% year-over-year gain

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:

 /  🏆 393. in İD
 

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

Indonesia Berita Terbaru, Indonesia Berita utama

Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.

US Consumer Price Inflation Cools, Stocks RiseUS consumer price inflation cools more than expected, sending US stocks sharply higher. The Consumer Price Index rose 3.2% for the 12 months ending in October, the lowest annual rate since March 2021.
Sumber: CNN - 🏆 4. / 95 Baca lebih lajut »