News Formal

Stocks gain sharply for day and week, while copper falls further

  • 📰 rapplerdotcom
  • ⏱ Reading Time:
  • 33 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 86%

इंडिया समाचार समाचार

इंडिया ताज़ा खबर,इंडिया मुख्य बातें

The S&P 500 climbs 3.1% in its biggest daily percentage gain since May 2020, and the MSCI global index rises 4.8% for the week, snapping three straight weeks of declines.

“The [stock] market came into this week oversold, so it was time for a bounce,” said Quincy Krosby, chief equity strategist at LPL Financial in Charlotte, North Carolina.

Also, the University of Michigan consumer sentiment survey’s reading on five-year inflation expectations was positive for stocks, Krosby said. It eased to 3.1% from the preliminary 3.3% estimate in mid-June.The Dow Jones Industrial Average rose 823.32 points, or 2.68%, to 31,500.68, the S&P 500 gained 116.01 points, or 3.06%, to 3,911.74, and the Nasdaq Composite added 375.43 points, or 3.34%, to 11,607.62.The pan-European STOXX 600 index rose 2.

In the Treasury market, yields have dropped from more than decade highs reached before last week’s Fed meeting. The US central bank hiked rates by 75 basis points at the meeting.

 

आपकी टिप्पणी के लिए धन्यवाद। आपकी टिप्पणी समीक्षा के बाद प्रकाशित की जाएगी।
हमने इस समाचार को संक्षेप में प्रस्तुत किया है ताकि आप इसे तुरंत पढ़ सकें। यदि आप समाचार में रुचि रखते हैं, तो आप पूरा पाठ यहां पढ़ सकते हैं। और पढो:

 /  🏆 4. in İN

इंडिया ताज़ा खबर, इंडिया मुख्य बातें

Similar News:आप इससे मिलती-जुलती खबरें भी पढ़ सकते हैं जिन्हें हमने अन्य समाचार स्रोतों से एकत्र किया है।

Stocks fall on fears of global recessionLocal share prices fell again as investors worry about a possible global economic recession as well as the weakness of the peso against the dollar.
स्रोत: manilabulletin - 🏆 25. / 51 और पढो »