Global Shares Advance after Inflation Data Drives Rally on Wall Street
Bank of Japan data showed wholesale prices in Japan rose 3.8% in December last year compared to a year earlier, adding to pressures on the central bank to raise interest rates, possibly at a monetary policy meeting next week.
Global shares rise as Wall Street rally follows positive US inflation data
Global shares mostly rose Thursday, following a rally on Wall Street driven by encouraging update on US inflation.
Stock market today: Wall Street headed for first winning week of 2025 as Biden presidency wraps up
Wall Street was heading for more gains before the open on Friday as markets try to log their first winning week of 2025 on the final day of trading during the Biden presidency. Futures for the S&P 500 climbed 0.
Stock market today: Wall Street finishes its best week since Trump's election with a rally
U.S. stock indexes closed their best week in two months with a flourish on Friday. The S&P 500 climbed 1% to clinch its first winning week in the last three. The Dow Jones Industrial Average rose 334 points,
Stock market today: Wall Street drifts lower as momentum slows for US stocks
U.S. stock indexes drifted lower following a mixed set of earnings reports from Morgan Stanley, UnitedHealth Group and other big companies. The S&P 500 slipped 0.2% Thursday, even though more
Stock market today: Wall Street climbs toward its best week since November
Wall Street is set for its best week since November, with major indexes like the S&P 500 and Nasdaq rising significantly. Big Tech stocks, dubbed the "Magnificent Seven," are leading gains amid easing Treasury yields and encouraging inflation data.
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US wholesale inflation accelerated in November in sign that some price pressures remain elevated
Inflation in consumer prices has plummeted from a four-decade high 9.1% in June 2022. Yet despite having reached relatively low levels, it has so far remained persistently above the Fed’s 2% target.
US inflation still slowing as producer prices rise below expectations in December
U.S. producer prices rose less than expected in December as higher costs for goods were partially offset by stable services ...
Wholesale inflation rises to 2.4% in December
Wholesale price inflation accelerated in December to 2.4% annually due to rising prices of some manufactured products and non ...
The latest inflation data puts the US economy back in the 'Goldilocks' zone
The latest inflation report slashed the risk that the Fed could go back to hiking interest rates this year, Wall Street ...
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Global uncertainties drive ringgit higher against US dollar
KUALA LUMPUR : The ringgit opened slightly higher against the US dollar in early trade as the dollar retreated, sparked by a ...
Fuel, non-food goods drive wholesale inflation to 2.4% in December
India's wholesale price inflation increased to 2.4% in December from 1.9% in November. This rise was due to higher costs of ...
Global uncertainties push ringgit to open higher against US$
The ringgit opened slightly higher against the US dollar in early trade as the dollar retreated, sparked by a report hinting ...
Wholesale inflation heated up less than expected last month
Wholesale-level inflation heated up further to close out 2024, a sign that price pressures are building at a time when President-elect Donald Trump threatens to unleash a substantial array of tariffs.