On Wednesday, the Dow Jones Industrial Average surged above 40,000, closing at 40,008.12, driven by data indicating a slowdown in inflation. The CPI data showed inflation easing to 2.9% from 3.0% in June, and core inflation rising by 3.2%, below forecasts. This suggests that the Federal Reserve might soon start cutting rates.
The S&P 500 increased by 0.3%, while the NASDAQ Composite remained unchanged.
Key company news includes:
1. Intel fell over 2% after selling its stake in Arm Holdings and announcing major layoffs and a dividend suspension.
2. Kellanova rose nearly 8% following its acquisition by Mars at $83.50 per share.
3. Alphabet Inc (Google) dropped 2% amid reports that the DOJ is considering actions against its online search dominance.
4. Cardinal Health climbed nearly 4% after raising its full-year guidance following strong Q4 results.
5. The market also reacted to recent data showing cooling inflation and signs that Fed policies are having an effect.
#KVB# #FlashNews# #BrokerNews# #GOOG# #INTEL# #DOW# #DowJones# #StockMarket# #NASDAQ# #USeconomy# #Economy#
편집됨
면책 조항: 본 게시글에 표현된 견해는 전적으로 작성자의 견해이며 Followme의 공식 입장을 대변하지 않습니다. Followme는 제공된 정보의 정확성, 완전성 또는 신뢰성에 대해 책임을 지지 않으며, 서면으로 명시적으로 언급되지 않는 한 해당 내용을 기반으로 취해진 어떠한 조치에 대해서도 책임을 지지 않습니다.
더 오래된 의견은 없습니다. 소파를 가장 먼저 잡으십시오.