US stocks gain as inflation shows signs of moderating

  • 📰 malaymail
  • ⏱ Reading Time:
  • 11 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 86%

United Kingdom News News

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

NEW YORK, May 27 — Wall Street stocks rose early today, extending a recent positive run for the market following US data that suggested inflation is moderating. Commerce...

NEW YORK, May 27 — Wall Street stocks rose early today, extending a recent positive run for the market following US data that suggested inflation is moderating.

The report also showed that expenditures jumped 0.9 per cent, suggesting “US consumers may feel sour about inflation, but they are still spending at a healthy clip,” as Oxford Economics Lydia Boussour put it.

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
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

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