US EditionWorld Shares Mostly Gain After Uptick in Inflation Pulls US Stocks Lower
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17 Articles
World shares mostly gain after uptick in inflation pulls US stocks lower
World shares are generally higher after most stocks on Wall Street fell following a disappointing report that said inflation was worse last month at the U.S. wholesale level than economists had expected. The future for S&P 500 gained 0.2% while that for the Dow Jones Industrial Average went up 0.8%. Meanwhile, oil prices slipped. In early European trading, Germany's Dax rose 0.4% to 24,479.85. Britain's FTSE 100 was down less than 0.1%. In Paris…
After an euphoric day on Wall Street, a damper in the form of increased producer prices is now following. This could indicate an approaching rise in inflation, which does not provide a good prospect for aggressive interest rate cuts.
The final results of the session indicate that the Selective Dow Jones Industrial Average recovered 0.02% and the Nasdaq technology declined 0.03%, becoming practically stable. The S&P 500, more extensive, also advanced 0.03% and remained practically stable, but also managed to reach a maximum closure record with 6,468,54 points. "It is quite stable (...) which is quite positive, given the magnitude of the stay of the IPP", noted Art Hogan, of B…
Washington - The New York Stock Exchange ended without great momentum on Thursday, undermined by a sharp rise in production prices in the United States, which came to question the timing of the Federal Reserve (Fed) rate declines. The Dow Jones (-0.02%) and Nasdaq (-0.03%) both ended in balance. The expanded index S&P 500 (+0.03%) was also almost stable but still managed to grab a record at the close, at 6.468.54 points. "Everything is fairly st…
US stock markets were mixed on Thursday. At the close of trading in New York, the Dow was calculated at 44,911 points, down a few points from the previous trading day. A few minutes earlier, the broader S&P 500 was up a few points at around 6,469 points, while the technology exchange Nasdaq calculated the Nasdaq 100 at the time at around 23,832 points, down 0.1 percent. The euphoria of recent days over the lack of an increase in the inflation ra…
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