US stocks edged mostly higher Wednesday as Wall Street embraced another encouraging signal on consumer prices that is set to help shape the near-term future of interest-rate policy. The S&P 500 rose 0.4%, while the tech-heavy Nasdaq Composite finished just above the flatline. The Dow Jones Industrial Average gained 0.6%, or more than 200 points. The Consumer Price Index showed price increases held largely steady in July. Consumer prices rose 2.
Wall Street had rallied Tuesday on the back of positive inflation data that could foreshadow a similar direction in consumer prices. The Producer Price Index, which measures wholesale inflation in the US economy, rose just 2.2% year-over-year in July, nearly in line with the Federal Reserve's 2% target. Together, the inflation signals could get the Fed closer to a rate cut.
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: Trade worries hit technology stocks, pulling Wall Street lowerNEW YORK (AP) — Wall Street’s record-setting rally ran into a wall as worries about worsening trade tensions with China slammed some of the market’s biggest winners of the year. The S&P 500 was 0.
Sumber: SooToday - 🏆 8. / 85 Baca lebih lajut »
Stock market today: Trade worries hit technology stocks, pulling Wall Street lowerNEW YORK (AP) — Wall Street’s record-setting rally ran into a wall as worries about worsening trade tensions with China slammed some of the market’s biggest winners of the year. The S&P 500 was 0.
Sumber: SooToday - 🏆 8. / 85 Baca lebih lajut »
Stock market today: Big tech stocks dive again to halt Wall Street's record-setting rallyNEW YORK (AP) — Wall Street’s record-breaking rally ran into a wall, as worries about potentially worsening trade tensions with China hit stocks of chip companies.
Sumber: SooToday - 🏆 8. / 85 Baca lebih lajut »
Stock market today: Wall Street holds steadier a day after big drop in tech stocksNEW YORK (AP) — Wall Street is holding steadier following the worst day for big technology stocks since 2022. The S&P 500 was up 0.2% in early trading Thursday, and the Nasdaq composite was up 0.6%.
Sumber: SooToday - 🏆 8. / 85 Baca lebih lajut »
Stock market today: A washout on Wall Street sends stocks, big to small, lowerNEW YORK (AP) — A widespread washout for U.S. stocks dragged Wall Street lower on Thursday. The S&P 500 dropped 0.8% to pull further from its all-time high set on Tuesday. The Dow Jones Industrial Average tumbled 533 points, or 1.
Sumber: SooToday - 🏆 8. / 85 Baca lebih lajut »
Stock market today: Asian stocks track Wall Street gains ahead of central bank meetingsAsian stocks started the week with gains ahead of central bank policy meetings in the United States and Japan, after a broad rally on Wall Street that capped...
Sumber: YahooFinanceCA - 🏆 47. / 63 Baca lebih lajut »