Published 2 years ago

Global shares mostly gain after Wall Street hits 3-month highs

Summary by Ground News

U.S. government said Wednesday that consumer inflation jumped 8.5% in July from a year earlier. That was down from June's four-decade high of 9.1%. On Wednesday, the S&P 500 surged 2.1% on expectations that slower inflation will mean the Federal Reserve may moderate its interest rates hikes. Technology stocks, cryptocurrencies and other investments that have been among the year's biggest losers led the way.

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KIFI

World shares mostly gain after Wall St hits 3-month highs - Local News 8

By ELAINE KURTENBACH AP Business WriterBANGKOK (AP) — Shares advanced Thursday in Asia after benchmarks closed at three-month highs on Wall Street as investors cheered a report showing inflation cooled more than expected in July. Hong Kong, Shanghai and Seoul saw gains of more than 1%. Tokyo was closed for a holiday. U.S. futures edged higher, while oil prices slipped. The government said Wednesday that consumer inflation jumped 8.5% in July fro…

2 years ago·Idaho Falls, United States

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The Epoch Times

World Shares Mostly Gain After Wall Street Hits 3-month Highs

BANGKOK—World shares were mixed Thursday after Wall Street benchmarks closed at three-month highs as investors cheered a report showing inflation cooled more than expected in July. U.S. futures edged higher and oil prices also advanced. The U.S. government said Wednesday that consumer inflation jumped 8.5 percent in July from a year earlier. But that was down from June’s four-decade high of 9.1 percent. Germany’s DAX edged 0.2 percent lower, to …

2 years ago·New York, United States

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WPLG

World shares mostly gain after Wall St hits 3-month highs

World shares were mixed Thursday after Wall Street benchmarks closed at three-month highs as investors cheered a report showing inflation cooled more than expected in July. U.S. futures edged higher and oil prices also advanced. The U.S. government said Wednesday that consumer inflation jumped 8.5% in July from a year earlier. But that was down from June’s four-decade high of 9.1%. Germany's DAX edged 0.2% lower, to 13,674.98, while in Paris the…

2 years ago·Miami, United States

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Business Standard

World shares mostly gain after Wall Street hits three-month highs

On Wednesday, the S&P 500 surged 2.1% on expectations that slower inflation will mean the Federal Reserve may moderate its interest rates hikes

2 years ago·India

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Financial Express

Global shares mostly gain after Wall Street hits 3-month highs

The Nasdaq composite, whose many high-growth and expensive-looking stocks have been particularly vulnerable to interest rates, jumped 2.9% while the Dow industrials advanced 1.6%.

2 years ago

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The Daily Advance

World shares mostly gain after Wall St hits 3-month highs

Shares have mostly advanced in Europe and Asia after Wall Street benchmarks closed at three-month highs. Investors were cheering a report showing inflation cooled more than expected in July. U.S. futures edged higher Thursday and oil prices also advanced. The…

2 years ago

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