US stocks open higher as inflation worries ebb | Malay Mail

  • 📰 malaymail
  • ⏱ Reading Time:
  • 10 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 86%

United Kingdom News News

United Kingdom United Kingdom Latest News,United Kingdom United Kingdom Headlines

NEW YORK, June 11 — Wall Street stocks advanced early today and added to records as markets maintained an optimistic interpretation of the latest US inflation reading. Data released yesterday showed the inflation rate at its highest level in 13 years, but the S&P 500 still finished the...

NEW YORK, June 11 — Wall Street stocks advanced early today and added to records as markets maintained an optimistic interpretation of the latest US inflation reading.

“What the market seemed to sniff was peak inflation,” said Briefing.com analyst Patrick O’Hare, noting a drop on the yield on the 10-year US Treasury on Thursday and again early Friday.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 1. in UK

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines