U.S. Stocks Kept Frenzy in Morning Trading; Nasdaq Surged Over 2% While S&P 500 Returned to 4,200 for the First Time Since May

Tiger Newspress2022-08-10

U.S. stocks kept frenzy in morning trading. Nasdaq surged 2.5%, S&P 500 jumped 1.95% and returned to 4,200 for the first time since May, Dow Jones rose 1.68%.

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Comments

  • ming22
    2022-08-11
    ming22
    Volitile 📉📈📉📈
  • PearlynCSY
    2022-08-11
    PearlynCSY
    Stocks soar, S&P 500 hits highest level in three months after key report shows slowdown in inflation.Stocks rose sharply on Wednesday after a key inflation reading showed a better-than-expected slowdown for rising prices. The Dow Jones Industrial Average jumped 1.63%, to close at 33,309.51. The S&P 500 gained 2.13% to 4,210.24, its highest level since early May. The Nasdaq Composite rose 2.89% to 12,854.80 for its best close since late April. The headline consumer price index for July rose 8.5% year over year and was flat compared with June. Economists surveyed by Dow Jones were expecting increases of 8.7% and 0.2%, respectively. Core inflation, which strips out volatile food and energy prices, also saw a smaller-than-expected increase. The Federal Reserve will weigh the report, al
  • Daleo
    2022-08-11
    Daleo
    Like
  • Jess261
    2022-08-11
    Jess261
    Okay
  • FattyBull
    2022-08-11
    FattyBull
    Nice
  • adonis123
    2022-08-11
    adonis123
    Market is still volatile
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