Stock market today: US stocks jump as key inflation data comes in cool

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 25 sec. here
  • 5 min. at publisher
  • 📊 Quality Score:
  • News: 23%
  • Publisher: 63%

Nasdaq Composite أخبار

Producer Price Index,Consumer Prices,Federal Reserve

Investors are anxious for several economic datapoints this week, starting with inflation.

US stocks opened higher on Tuesday as Wall Street digested cooler-than-expected inflation data and awaited an update on consumer prices. The S&P 500 rose about 0.7%, while the tech-heavy Nasdaq Composite jumped roughly 1%. The Dow Jones Industrial Average inched up around 0.4%. US producer prices, often a signal for where consumer prices are heading, rose just 0.1% month-over-month in July, lower than economist forecasts. Year-over-year, the Producer Price Index rose 2.

Wall Street is coming off an unusually boring day after more than a week of volatility. The S&P 500 and Nasdaq on Monday continued slowly building back toward the highs the indexes saw before a three-day sell-off wiped out a decent chunk of those year-to-date gains. Home Depot was the most significant name on the earnings docket Tuesday. The home-improvement retailer's shares fell after it cut its outlook on comparable same-store sales for the rest of the year.

 

شكرًا لك على تعليقك. سيتم نشر تعليقك بعد مراجعته.
لقد قمنا بتلخيص هذا الخبر حتى تتمكن من قراءته بسرعة. إذا كنت مهتمًا بالأخبار، يمكنك قراءة النص الكامل هنا. اقرأ أكثر:

 /  🏆 47. in SA

المملكة العربية السعودية أحدث الأخبار, المملكة العربية السعودية عناوين

Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.

Stock market today: Nasdaq edges higher, Dow drops as investors await key signals on inflation, economyWall Street is coming off a whipsaw week that has left markets jumpy and 'on edge.'
مصدر: YahooFinanceCA - 🏆 47. / 63 اقرأ أكثر »

Stock market news today: US stocks set for rebound as investors wait for key inflation dataInvestors are looking to the Fed-favored inflation data to calibrate the timing and depth of rate cuts.
مصدر: YahooFinanceCA - 🏆 47. / 63 اقرأ أكثر »

Stock market today: World stocks fall as investors are underwhelmed by Big Tech earningsWorld stocks fell Wednesday as the earnings reporting season ramped up for big companies, with investors showing a lack of enthusiasm for results so far.
مصدر: YahooFinanceCA - 🏆 47. / 63 اقرأ أكثر »