Wall Street climbs on track for weekly gains

2022-08-12 16:03:20 GMT (Economies.com)
Wall Street climbs on track for weekly gains

US stock indices rose on Friday on steady track for weekly gains. 

 

US consumer prices earlier this week showed a slowdown in the pace of inflation during July.

 

Thus bets have now shifted from a 0.75% rate hike by the Fed at the next meeting to actually 0.5%.

 

Dow Jones rose 0.4% to 33,465 as of 14:20 GMT, while S&P 500 rose 0.7% to 4,236, as NASDAQ rose 1.1% to 12,914. 

 
 
 
  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
 
Europe
 
Asia