Markets
Wall Street climbs after positive data
2022-08-11 16:25:12 GMT
(Economies.com)
US stock indices climbed on Thursday after a batch of positive data.
US producer prices fell 0.5% in July, compared to a 1.1% rise in June, while analysts expected a 0.2% rise, while core prices rose 0.4%.
On a yearly basis, producer prices rose 9.8%, slowing down from 11.3%, while core prices rose 7.6%, also slowing down from 8.2%.
US unemployment claims rose 14 thousand to 262 thousand in the week ending August 6, up from a revised 248 thousand in the previous reading, while analysts expected 264K.
Continuing claims rose 8 thousand to 1.428 million from 1.420 million, missing estimates of a 7K drop to 1.407 million.
Dow Jones rose 0.9% as of 14:19 GMT to 33,612, while NASDAQ climbed 1.2% to 13,014, as S&P 500 rose 1.1% to 4,254.
| Symbol | Last | Change | Chg.% | ||
|---|---|---|---|---|---|
|
|
|
0.9802
|
0.0147
|
1.5193%
|
|
|
|
|
1.1165
|
0.0345
|
3.1856%
|
|
|
|
|
19.049
|
0.190
|
1.008%
|
|
|
|
|
80.050
|
0.756
|
0.953%
|
|
|
|
|
87.96
|
-0.53
|
0.60%
|
|
|
|
|
1664.495
|
19.135
|
1.163%
|
|
US
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