Markets
US stocks edge higher after the release of economic data
2021-09-15 15:21:06 GMT
(Economies.com)
The major US stock indices opened higher on Wednesday, after the release of the US industrial production data.
Data showed that the US industrial production index rose 0.4% during the August, slightly lower than forecasts of 0.5%.
The CPI reading yesterday showed the largest slowdown in 6 month, which increased uncertainty about the Federal Reserve's next move.
Chairman Jerome Powell of the US Federal Reserve has hinted recently at reducing the size of the bond-buying program before the end of 2021, due to rising inflation and improving economic conditions.
As for stocks, Dow Jones rose 0.2% or 58 points to 34,636 as of 14:34 GMT, and S&P 500 rose 0.2% or 7 points to 4,450, while Nasdaq rose less than 0.1% or 1 point to 15,058.
| Symbol | Last | Change | Chg.% | ||
|---|---|---|---|---|---|
|
|
|
1.1737
|
0.0023
|
0.1921%
|
|
|
|
|
1.3722
|
0.0046
|
0.3327%
|
|
|
|
Tadawul
|
11270.57
|
-40.58
|
0.36%
|
|
|
|
|
22.723
|
0.422
|
1.892%
|
|
|
|
|
73.500
|
2.567
|
3.619%
|
|
|
|
|
77.51
|
0.22
|
0.28%
|
|
|
|
|
1755.735
|
-1.070
|
0.061%
|
|
US
Europe
Asia
2021-09-23 22:02:27 GMT
2021-09-23 14:21:57 GMT
2021-09-22 21:09:26 GMT
2021-09-22 14:21:16 GMT