U.S. stock futures were mixed Wednesday night after the market shrugged off the July inflation report and the Dow and S&P 500 hit records.
In the regular trading session, the Dow gained 0.6% to reach 35,484.97 and close at a new record. The S&P 500 rose 0.2% to an all-time high of 4,447.70. The Nasdaq Composite traded about 0.1% lower to 14,765.13.
Core inflation, however, rose by just 0.3% in July . Core inflation excludes energy and food prices and is considered a more reliable measure by economists since energy and food prices can be so volatile. Treasury yields dipped after the inflation report and a 10-year note auction showed strong demand. Dallas Fed President Robert Kaplan"The inflation story is more about isolated components, rather than general increases in prices, and even those components are showing signs of peaking," McMillan said. "As we dig into the numbers, inflation is above where it has been but is showing signs of rolling over and returning to more comfortable levels.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
30 Of The Funniest Tweets About Married Life (July 28-August 9)'The cashier was flirting with my husband and I'm upset cuz I thought she was gonna give us free chips or something.'
Weiterlesen »
India's retail inflation likely cooled to 5.78% in July - Reuters pollIndia's retail inflation likely slowed to a three-month low in July, bringing it back within the central bank's target range, on falling food prices and an easing of supply chain disruptions, a Reuters poll found.
Weiterlesen »
The Wellness Forecast: 11 New Product Launches We Can’t Stop Talking About in JulyLots of exciting picks to round out your summer essentials.
Weiterlesen »
U.S. small business optimism retreats in JulyConfidence among U.S. small businesses in July lost almost all of the gains that had been made in the prior month, according to a survey from the National...
Weiterlesen »
German Consumer Prices Rose Strongly in July in Line With ForecastsBy Maria Martinez German consumer prices climbed in July, confirming preliminary data, the German statistics office Destatis said Wednesday. Consumer prices...
Weiterlesen »
China auto sales tumble for a third straight month in JulyChina's vehicle sales slid in July for a third consecutive month, hit hard by flooding in some areas of the country, COVID-19 outbreaks in other areas and the global shortage of semiconductors.
Weiterlesen »