Connect with us

Hi, what are you looking for?

Top News

Deals suggest further growth for US stock markets – Pulse Business

Deals suggest further growth for US stock markets - Pulse Business

The deals point to further gains in US stock markets


Speaker icon

Optimism fueled by Wednesday’s inflation report still lingers in the US.

About two hours before the start of the session on U.S. stock markets, the Dow Jones Industrial Average rose 0.4%, the S&P500 rose 0.3%, and the Nasdaq100 rose 0.2%. On Wednesday, markets clearly rose below expectations for inflation in July, renewing hopes for less aggressive interest rate hikes from the central bank. Meanwhile, three regional central bank chiefs have already made it clear that the latest inflation data is not prejudicial. Bond yields started to rise after a significant decline on Wednesday. Sentiment may be affected by data on the so-called New unemployed, an increase to 264 thousand is expected, and the dynamics of producer prices sold in July, where a drop of 0.2% m / m is expected. from 1.1 percent in June. Among companies, the star of Thursday’s session was Walt Disney Co. Maybe, it posted better-than-expected quarterly results and its streaming service gained more than forecast subscribers.

See also  Alaska is the hardest working state in the United States
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like


Another person familiar with Sony’s plans confirms the killer news for PS5 owners. Horizon Forbidden West is not expected to appear on the market...


The British government has canceled a recommendation to avoid travel to and from the eight regions most affected by the Indian coronavirus variant altogether....


It looks like Tesla wants to use lasers instead of standard wipers in the future. I applied for a patent for this solution. The...


Farmer reveals government plans for CPK The farmer who issued the documents is a member of the social council of the CPK. As he...