US EditionUS Stocks Rise After Inflation Report
US inflation held steady at 2.7%, Trump extended China trade truce by 90 days, and investors expect a Federal Reserve rate cut next month, lifting global markets.
- US stock markets rose recently as July's CPI remained steady at 2.7%, buoying sentiment.
- In recent weeks, concerns over economic data and the firing of the Bureau of Labor Statistics head have overshadowed market optimism, with Tuesday's stock rally amid steady inflation.
- Yields on shorter-dated Treasury bonds fell after the CPI release, with traders assigning a high probability of a September rate cut, according to market expectations.
- Market breadth leaned positive with a NYSE rally as advancing issues outnumbered decliners by 9,000 on Tuesday.
- The trade truce with China runs until November 10, and investors await a summit between President Donald Trump and Vladimir Putin on Friday.
72 Articles
72 Articles
Today, the futures of the US stock market remain almost unchanged as investors await the July Consumer Price Index (CPI) report. According to the original report, an increase in inflation is anticipated, keeping investment strategies on hold. The return on S&P 500 indices, Dow Jones Industrial Average and Nasdaq also remains stable, after negative closures at the last session.New extension of the US-China trade truceThe White House has decided t…
Premarket Upmarkets After Publication of Inflation Data in Countries in Europe and the United States
Upward markets after publication of inflation data in countries in Europe and the United States. Photo: taken from Freepik Asia-Pacific Stock Exchanges In Asia, the Tokyo Stock Exchange has risen by 1.3% and reached a new record, above 43,000 points, animated by the US-China tariff truce, and by new expectations of rate cuts in the US. In China, the Shanghai Stock Exchange has added 0.48%, at its best level since December 2021. The Hong Kong Sto…
The Asian bags closed significantly on this Thursday (13), following a rally in Wall Street, which yesterday advanced levels of memory with US Benign inflation data that stimulated the chances of US base interest returns. leading the gains in Asia, the Hong Kong Hong Kong, the Hong Kong Hong Kong 258% index, at 25.613.67 points, while the Japanese Nikkei rose 1,30% in Tokyo, 43,274.67 points, reaching the end of the second consecutive day, the S…
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