US Opens Higher After GDP, Jobs, Inflation Numbers
5 Articles
5 Articles
Thus, Dow Jones added 0.10% to 51,400.58 points, S&P 500 gained 0.30% to 7,694.36 points and technology Nasaq valued 0.47% to 26,924.56 points.
US stocks rise on Wednesday after US inflation figures came in lower than expected. A major defense deal is making an impression on several stocks.
US stock markets rose on Wednesday after US inflation figures came in lower than expected.
US core inflation hit 3.0 percent at an annual rate in August, well below expectations of 3.3 percent. That was enough to give stock market futures a tailwind ahead of Wednesday's opening on Wall Street, but the picture is marred by an 8 percent drop in Moderna and a 10-year yield that remains at 5.23 percent. Core PCE is the Federal Reserve's favorite inflation measure, making the announcement directly relevant to interest rate policy. The July…
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