Page 166 - கூட்டாட்சியின் இருப்பு தலைவர் ஜெரோம் போவல் News Today : Breaking News, Live Updates & Top Stories | Vimarsana
Bitcoin bull Novogratz says U S faces existential crisis if it can t engineer a digital dollar soon
msn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from msn.com Daily Mail and Mail on Sunday newspapers.
Premarket Movers Friday - Levi, Boeing, Honeywell, Alibaba
thestreet.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thestreet.com Daily Mail and Mail on Sunday newspapers.
Dow, S&P 500 End at Records as Wall Street Looks Past Inflation Worry TheStreet 1 day ago © TheStreet Dow, S&P 500 End at Records as Wall Street Looks Past Inflation Worry
The Dow Jones Industrial Average and the S&P 500 closed at records on Friday as investors looked past data from the U.S. and China that renewed concern about higher inflation.
Popular Searches
The yield on the 10-year U.S. Treasury note rose Friday to 1.653%.
The Dow Jones finished up 297 points, or, 0.89% to 33,800, while the S&P 500 posted its third straight record close, rising 0.77% to 4,128.
The Nasdaq gained 0.51% to close at 13,900 after trading lower for the early part of Friday s session.
U.S. producer prices rose 1% in March, higher than forecasts. The data, delayed because the government website was frozen, point to underlying inflation pressures at the wholesale level. Producer prices over the past 12 months jumped to 4.2%, the highest level since September 2011.
In China, producer prices rose at the fastest pace in more than four years, while consumer prices moved higher as fuel costs jumped. Despite the confirmation of strong inflation numbers, U.S. Treasury rates did not jump to recent highs and the stock market continues to rise to new all-time highs on continued recovery hopes, said Louis Navellier, chairman and founder of Navellier & Associates in Reno, Nevada. It will take noticeably higher interest rates to slow down the stock market.
Federal Reserve Head Jerome Powell Says Vaccination Efforts Key To Global Economic Recovery
Federal Reserve Chairman Jerome Powell said Thursday that confidence in resuming economic activity will depend on global coronavirus vaccination efforts as world leaders move forward with efforts to dig out of the economic crisis caused by the coronavirus pandemic. Viruses are no respecters of borders, and until the world really is vaccinated, we re all going to be at risk of new mutations and we won t be able to really resume with confidence all around the world, Powell said. He called global vaccination efforts not only the right thing to do, it s also the smart thing to do.
vimarsana © 2020. All Rights Reserved.