Gold hit a 13-month high about $30 shy of a record peak and the dollar weakened after the data reduced expectations that, a major market concern as monetary policy that is too tight can provoke a US recession.
. The Dow Jones Industrial Average rose 1.14%, the S&P 500 gained 1.33%, and the Nasdaq Composite added 1.99%. MSCI’s gauge of stocks across the globe gained 1.11%. In Europe, the pan STOXX 600 index closed up 0.40% and the euro rose to a 12-month high at $1.1068.
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:
United States United States Latest News, United States United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Asian stocks ease ahead of US inflation data, Fed minutesAsian equities drifted lower ahead of a crucial U.S. inflation report that will likely influence how soon the Federal Reserve will end its aggressive rate hikes, with markets betting on at least one more at next month’s policy meeting. | Reuters
Source: inquirerdotnet - 🏆 3. / 86 Read more »
Asian stocks ease ahead of US inflation data, Fed minutesAsian equities drifted lower ahead of a crucial U.S. inflation report that will likely influence how soon the Federal Reserve will end its aggressive rate hikes, with markets betting on at least one more at next month’s policy meeting. | Reuters
Source: inquirerdotnet - 🏆 3. / 86 Read more »
World stocks hope for Fed pause, dollar stallsMSCI's gauge of stocks across the globe gains 0.43% on Tuesday, April 11.
Source: rapplerdotcom - 🏆 4. / 86 Read more »
Stocks lower on weaker economic dataThe local stock market continued to edge lower, this time due to weaker foreign investment and trade data. ManilaBulletin Where are those investments pledged during Marcos' travels?
Source: manilabulletin - 🏆 25. / 51 Read more »