Published 1 year ago

Global Economy LIVE | Wall Street sees a roaring high, Dow up 1,200 points

Summary by Ground News

The S&P 500 jumped 5.5% Thursday and the Dow rose nearly 1,200 points.Treasury yields fell dramatically as bond markets relaxed. Even bitcoin rose on hopes a slowdown in inflation could mean the Federal Reserve won't have to be so aggressive about raising interest rates.

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Times of India

Wall Street stages biggest rally since 2020 on cooling inflation; Dow up 1,200 pts; Nasdaq jumps over 7%

Wall Street surged to its best day since April 2020 as markets cheered a government report that inflation cooled more than expected last month. The S&P 500 jumped 5.5% Thursday and the Dow rose nearly 1,200 points as traders took the data as a sign the worst of inflation may have passed. The S&P 500 climbed 207.80 points to 3,956.37. The Dow gained 1,201.43, or 3.7%, to 33,715.37, and the Nasdaq shot up 760.97, or 7.4%, to 11,114.15.

1 year ago·India

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USA Today

Wall Street surges on cooling inflation

Wall Street surged to its best day since April 2020 on Thursday as markets reflected a government report that inflation cooled more than expected last month. (Nov. 10)

1 year ago·United States

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WION

Global Economy LIVE | Wall Street sees a roaring high, Dow up 1,200 points

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1 year ago·Noida, India

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The Epoch Times

Wall Street Surges, Dow up 1,200 Points on Cooling Inflation

NEW YORK—Wall Street blasted off Thursday to soar to its best day in more than two years as exhilaration swept through markets after a report showed inflation in the United States eased last month by even more than expected. The S&P 500 surged 5.5 percent, while the Dow Jones Industrial Average leaped 1,200 points and the Nasdaq composite packed what could be a year’s worth of gains into one day by roaring 7.4 percent higher. Prices jumped for e…

1 year ago·New York, United States

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Sask Today

Wall Street surges, Dow up 1,200 points on cooling inflation

NEW YORK (AP) — Wall Street blasted off Thursday to soar to its best day in more than two years as exhilaration swept through markets after a report showed inflation in the United States eased last month by even more than expected.

1 year ago

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