Wall Street climbs on track for weekly gains

2022-08-12 14:23:47 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.%
1.0518
-0.0071
0.6749%
1.2218
-0.0087
0.7080%
22.480
-0.676
2.921%
75.910
-5.565
6.830%
81.31
-1.39
1.68%
1779.990
-15.570
0.867%
 
 
US
 
Europe
 
Asia