Wall Street Rally Sets FTSE 100 up for Higher Open
6 Articles
6 Articles
The Dow Jones rose 0.13% and the Nasdaq 0.81%. The broader S&P 500 index also climbed, gaining 0.65% and reaching a new record high of 7,798.99 points. "This week is the quietest of the summer in terms of trading volume; therefore, it's difficult to place much credence on the observed fluctuations," Art Hogan of B. Riley Wealth Management told AFP. "Two consecutive reports give the impression that, for now, everything is fine with inflation," …
Share rate performance in Europe is mixed: Spain's IBEX 35 rises 0.22 percent and London's FTSE 100 falls 0.51 percent.
Wall Street closed this Thursday in green, with a record in the S&P 500, following a new data that reflects a moderation in inflation in the United States, which reinforces the possibility that the Federal Reserve will keep interest rates unchanged at its next meeting.
New York stock markets were mixed after about four hours of trading on Thursday. The markets received some support from lower oil prices and US producer price inflation that came in below expectations.
The three main Wall Street indices closed the negotiations this Thursday with progress.The references advanced after the publication of a price data to the US producer below what was expected to reduce the rate hike bets.The Industrial Average Dow Jones, composed of the shares of 30 giants, rose 0.13% to 53,839.99 points, while the S&P 500, of the most valuable companies, advanced 0.65% to 7,798.99 points.The Nasdaq Composite earned 0.81% at the…
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