Friday, March 28, 2025

Wall Street Today: US Stock Snap Three-Day Lost Laqir, Treasury Yield falls after data of inflation; Tesla up 6% | Stock market news


Wall Street today: A gauge of global shares climbed for the first time in three sessions on Thursday, while American Treasury yield was immersed as a inflation, expecting expectations of favorite measures of Federal Reserve prices.

The Labor Department said that after a 0.5% increase in December, the manufacturer Price Index (PPI) for final demand for final demand for the final demand for the final demand by the Reuters to increase by 0.3% in December. 0.4% increased. The data falls on the heels of Wednesday’s Consumer Price Index (CPI), which showed its greatest acceleration in about 1–1/2 years.

But the components of PPI data who are part of the individual consumption expenditure (PCE), Fed Chair Jerome Powell said on Wednesday that Fed’s favorite targeted inflation measures, were soft and for hope that PCE reading is currently more cold than expected It is possible

Annex’s chief economist Brian Jacobsen said, “It was better than relief to see the components feeding in PCE. Money management in Menomony Falls, Wisconsin.

“We can see that on receiving February data in March we carry those prices forward, but at least in January, businesses were not trying to pursue tariffs with their prices.”

On Wall Street, the US stock was more than inflation data, more than 1%with Nasdaq. Consumer discretionary led to all S&P areas, which increased about 6% in Tesla and about 14% increase in MGM resorts.

Dow Jones Industrial Average rose 101.88 points or 0.23%to 44,472.79, S&P 500 increased to 33.71 points, or 0.56%, 6,085.68, and Nasdaq Composite to 189.02 points or 0.97%, 19,839.59. MSCI’s gauge gauge increased by 6.46 points or 0.74%worldwide, 879.24 and was on track for its biggest daily percentage profit since 4 February.

In Europe, the Pan-European Stoxx 600 index rose 0.93% for its sixth straight session, hit an intraday record, passes through profit after its quarterly results in Nestle and Siemens, as well as ending the war between Russia and Ukraine Hope to negotiate to do. ,

US President Donald Trump said on Wednesday that both Russian President Vladimir Putin and Ukrainian President Volodimir Zelanski on Wednesday expressed their desire for peace in separate phone calls with him, and Trump started negotiating to end the war to top American officials Ordered

The yield on benchmark US 10 -year notes fell to 9.1 base points 4.543%on the track for its biggest daily decline in a month. In addition to PPI data, the US early unemployed claims fell 7.000 to a seasonally adjusted 213,000, slightly below 215,000 and the job market remains on stable footing.

According to the fedwatch tool of CME, the market continues to be pushed back this year, with the possibility of more than 50% for a cut of at least 25 basis points.

The dollar index, which measures greenback against a basket of currencies, fell 0.48% to 107.39 and since January 24 was on track for a decline of one day percentage, on 0.47% $ 1.0431 with Euro .

Croatian policy maker Boris Wujik said that the European Central Bank can cut interest rates three times this year, even though its US counterparts move more slowly, but will have to reduce the policy over a rapid decline in underlying inflation.

Against the Japanese Yen, the dollar weakened 0.72%. Sterling strengthened 0.58% to $ 1.2515. In the last quarter of the previous year, Britain’s economy unexpectedly rose 0.1%, showing official figures, conceiving a contraction of 0.1% in estimates, although long -term challenges remain.

Oil prices fell on the possibility of a deal between Russia and Ukraine, while the rising raw inventions also put pressure down. The US crude fell 0.49% to $ 71.02 per barrel and Brent fell to $ 74.76 per barrel, which was 0.57% a day.

Hold everyone Business news , Market news , Today’s latest news Events and Fresh news Update on live mint. Download Mint news app To get daily market updates.

Business newsMarketStock marketWall Street Today: US Stock Snap Three-Day Lost Laqir, Treasury Yield falls after data of inflation; Tesla 6%

MoreLess



Source link

Hot this week

असुरक्षा की भावना…”: अभिव्यक्ति की स्वतंत्रता पर सर्वोच्च न्यायालय की कड़ी टिप्पणी

सुप्रीम कोर्ट: अभिव्यक्ति की स्वतंत्रता पर पाबंदियाँ "उचित होनी...

जम्मू-कश्मीर के कठुआ में आतंकवाद विरोधी अभियान फिर से शुरू

जम्मू-कश्मीर के कठुआ जिले में आतंकवादियों के खिलाफ अभियान...

Kims Bollineni Hospital Agm ने जीवन को समाप्त करने के लिए इंटर्न ड्राइविंग के लिए आयोजित किया

राजमाहेंद्रवाम शहर में अस्पताल के फार्मेसी विंग में काम...
spot_img

Related Articles

Popular Categories

spot_imgspot_img