News Formal

Stock Market News Today: Dow and S&P 500 finish 3rd straight winning week

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 36 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 51%

대한민국 뉴스 뉴스

Dow and S&P 500 finish 3rd straight winning week as more data shows inflation is cooling

US stocks rose on Friday as investors priced in more good inflation news, leaving the indexes with their third-straight week of gains.

For the week, the Dow Jones Industrial Average added 0.6%, the S&P 500 gained 1%, and the Nasdaq rose 2%. The personal consumption expenditures price index, which is the Federal Reserve's preferred measure of inflation, increased 0.2% month over month in June, in-line with economists' estimates. Meanwhile, core PCE rose 4.1% year over year, slightly below the anticipated 4.2% increase.

The latest data is a promising sign that inflation is continuing to slow in the economy, which is revving up bets that the Fed could pause interest rate hikes in September. Markets are pricing in an 80% chance interest rates are kept at the 5.25%-5.5% range at the Fed's next policy meeting, per the

 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.
이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

 /  🏆 729. in KR

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

U.S. stocks end a volatile week higher as Dow industrials, S&P 500 notch 3rd straight week of gainsU.S. stocks finished higher on Friday, bolstered by better-than-expected Big Tech earnings and hopes that the Fed will tame inflation without a recession. The Dow Jones Industrial Average rose 176 points to end at 35,459, posting a weekly gain of 0.7%:
출처: MarketWatch - 🏆 3. / 97 더 많은 것을 읽으십시오 »

Stock market news: Dow notches 13-day win streak, longest since 1987Dow notches longest winning streak since 1987 after latest Fed rate hike
출처: BusinessInsider - 🏆 729. / 51 더 많은 것을 읽으십시오 »

Stock Market Today: Dow Futures Edge Up as More Earnings Roll InLive coverage of what's moving stocks and other markets, including the Dow Jones Industrial Average, S&P 500 and Nasdaq Composite
출처: WSJ - 🏆 98. / 63 더 많은 것을 읽으십시오 »

Stock market today: Dow ends win streak as financials, airlines weigh By Investing.com⚠️BREAKING: *WALL STREET CLOSES DOWN, DOW SNAPS LONGEST WINNING STREAK SINCE 1987
출처: Investingcom - 🏆 450. / 53 더 많은 것을 읽으십시오 »

Stock Market News: Dow heads for longest winning streak since 1897US stocks climb as the Dow heads for longest winning streak in 126 years
출처: BusinessInsider - 🏆 729. / 51 더 많은 것을 읽으십시오 »

Stock market news today: Dow snaps historic win streak amid earningsDow snaps historic win streak as US stocks fall amid more earnings results
출처: BusinessInsider - 🏆 729. / 51 더 많은 것을 읽으십시오 »