Stock market today: Wall Street drifts as inflation reports offer few clues on interest rates

The S&P 500, Dow Jones Industrial Average and the Nasdaq composite were all little changed shortly after trading opened Thursday. A report showed that inflation was a touch higher last month than economists expected, helping to push up Treasury yields. But underneath the surface, it also had some encouraging nuggets for future trends. Oil prices rose to raise the pressure on inflation. Earnings reporting season is also kicking off on Wall Street.

A report on U.S. consumer prices is due later Thursday, a day after a report on wholesale inflation came in hotter than expected. Economists said that may not be enough to force the Fed to raise its main interest rate again. “Recent remarks from FOMC members have leaned dovish, suggesting that the Fed might maintain current short-term rates,” Anderson Alves at ActivTrades said in a report, referring to the U.S. Federal Reserve’s action on interest rates.

On Wednesday, the S&P 500 rose 0.4% and the Dow industrials added 0.2%. The Nasdaq composite gained 0.7%.

ประเทศไทย ข่าวล่าสุด, ประเทศไทย หัวข้อข่าว

Similar News:คุณยังสามารถอ่านข่าวที่คล้ายกันนี้ซึ่งเรารวบรวมจากแหล่งข่าวอื่น ๆ ได้

Stock market today: Wall Street rises as pressure relaxes from the bond marketNEW YORK (AP) — Stocks closed higher as pressure relaxed on Wall Street from the bond market. The S&P 500 rose 0.5% Tuesday. The Dow added 134 points, and the Nasdaq composite climbed 0.6%.
แหล่ง: SooToday - 🏆 8. / 85 อ่านเพิ่มเติม »

Stock market today: Asian shares rise after eased pressure on bonds pushes Wall Street higherBANGKOK (AP) — Shares advanced Wednesday in Asia, tracking Wall Street gains following an easing of pressure from the bond market. U.S. futures slipped and...
แหล่ง: YahooFinanceCA - 🏆 47. / 63 อ่านเพิ่มเติม »

Birkenstock set for its stock market debut as Wall Street trades in its wingtips for sandalsNEW YORK (AP) — Birkenstock is making its debut on the stock market as Wall Street trades in its wingtips for sandals for a day. The 249-year-old German...
แหล่ง: YahooFinanceCA - 🏆 47. / 63 อ่านเพิ่มเติม »

Birkenstock set for its stock market debut as Wall Street trades in its wingtips for sandalsNEW YORK (AP) — Birkenstock is making its debut on the stock market as Wall Street trades in its wingtips for sandals for a day.
แหล่ง: SooToday - 🏆 8. / 85 อ่านเพิ่มเติม »

Birkenstock stumbles in its stock market debut as Wall Street trades in its wingtips for sandalsNEW YORK (AP) — Birkenstock shares are stumbling in their debut on the stock market as Wall Street trades in its wingtips for sandals for a day.
แหล่ง: SooToday - 🏆 8. / 85 อ่านเพิ่มเติม »