Trending: Oil | Gold | BITCOIN | EUR/USD | GBP/USD

Wall Street climbs on track for weekly gains

Economies.com
2022-08-12 14:23PM UTC

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. 

American Markets News

Americas News

Markets

Wall Street loses ground amid mounting tariff war
2025-07-11 15:29PM UTC
U.S. stock indices declined during Friday trading as the global trade war between the United States ...
Americas News

Markets

Wall Street maintains gains, NASDAQ marks another record close
2025-07-09 20:30PM UTC
US stock indices climbed during Wednesday’s session and held onto their gains following the ...
Americas News

Markets

Wall Street gains ground ahead of Fed's minutes
2025-07-09 15:20PM UTC
U.S. stock indexes rose at the start of trading on Wednesday as markets assessed developments in ...