Besides stocks, prices also initially tumbled for bonds and cryptocurrencies immediately after the U.S. government released its report showing inflation is spreading more widely across the economy. One component that’s closely followed by policy makers and investors accelerated to its hottest level in 40 years.
Stocks in Europe also flipped from losses caused by the U.S. inflation data, while Treasury yields pulled back a little from their initial surge. The value of the U.S. dollar against other currencies sank after initially jumping. “Markets have talked themselves off a ledge, so to speak, and they’re a bit more hopeful,” said Kristina Hooper, chief global markets strategist at Invesco.
As the day progressed, and investors had more time to dig into the inflation report’s details, though, analysts said they perhaps saw some glimmers of hope. Even though what’s called “core” inflation accelerated last month, overall inflation including food and energy prices slowed by a touch. The two-year yield, which moves more on expectations for Fed action, rose to 4.43% from 4.29%. It crossed above 4.50% earlier in the morning.
เราได้สรุปข่าวนี้มาให้อ่านอย่างรวดเร็ว หากสนใจข่าว สามารถอ่านฉบับเต็มได้ที่นี่ อ่านเพิ่มเติม:
ประเทศไทย ข่าวล่าสุด, ประเทศไทย หัวข้อข่าว
Similar News:คุณยังสามารถอ่านข่าวที่คล้ายกันนี้ซึ่งเรารวบรวมจากแหล่งข่าวอื่น ๆ ได้
Asian stocks moving lower in wake of latest volatile session on Wall StreetJapan's yen hits 24-year low against the U.S. dollar.
แหล่ง: MarketWatch - 🏆 3. / 97 อ่านเพิ่มเติม »
The Regulators of Facebook, Google and Amazon Also Invest in the Companies’ StocksA third of senior officials at the Federal Trade Commission owned or traded stocks in companies that were undergoing a merger review or investigation by the agency, The Wall Street Journal found This is just wrong Now this is news, if it is true. What are we gonna do about the senators that did the same particularly Inhoffe Oklahoma
แหล่ง: WSJ - 🏆 98. / 63 อ่านเพิ่มเติม »
Stocks drop on Wall Street following hot inflation reportNEW YORK (AP) — A worse-than-expected report on inflation is hitting Wall Street Thursday, and stocks are falling toward their weakest levels in almost two years. The S&P 500 was 1.4% lower in morning trading after a government report showed inflation is spreading more widely across the economy, with one closely followed component accelerating to its hottest level in 40 years.
แหล่ง: AP - 🏆 728. / 51 อ่านเพิ่มเติม »
Stock Market Today: Dow Gives Back Earlier Gains, 10-Year Treasury Yield Nears 4%Markets remained skittish over the U.K. pension-rescue plan. The pound slid and Nasdaq closed in a bear market after the BOE said bond buys will end Friday. When we sell they stop falling, instead the whole market and indexes start rising quickly. Then treasury yields, war etc don’t matter. If buy again they again start falling and indexes too. If we don’t buy, then there’s no fall.
แหล่ง: WSJ - 🏆 98. / 63 อ่านเพิ่มเติม »