US 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.
75 Articles
75 Articles
The stock exchange rises to new records thanks to the lowest inflation data in the US and the Fed’s interest rate cut expectations
Left-wing doubts as to whether markets would believe Donald Trump’s economic data after the removal of the former head of economic figures have been buried under a green avalanche that has led the US and Tokyo stock exchanges to new records following the release of US July inflation data, which improved analysts’ expectations. The fact that prices remained stable in the midst of Trump’s tariff storm clears the way for the Fed to lower interest r…
US indices power to fresh records after benign inflation data
NEW YORK, United States — Global stocks mostly rose on Tuesday, with Wall Street indices ending at fresh records as US inflation data showed a still-subdued impact from US President Donald Trump’s tariffs. That, combined with Trump extending by 90 days a trade truce with China, cheered investors. New York jumped after the US consumer
Priceed metal contract with expected delivery for August closed at 0.13%, US$ 3.348.90 per eleven-threy
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…
Coverage Details
Bias Distribution
- 46% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium
