Bullish session in New York after inflation data

Bullish session in New York after inflation data

(Tiper Stock Exchange) – Wall Street is moving positively after that one A key measure of US inflation fell slightly more than expected last month, suggesting that the Federal Reserve may be nearing the end of its intense interest rate hike. In the communication on US income and consumption in February, it emerged that the core PCE price index rose by 0.3% in the second month of the year, just below analysts’ expectations for a +0 .4%.

The Dow Jones shows a gain of 0.79%, continuing the bullish trend highlighted by three consecutive gains, triggered last Wednesday; along the same lines, earnings day for theS&P-500, which continues the day at 4,084 points. Positive the NASDAQ 100 (+1.01%); with similar direction, in cash theS&P 100 (+0.83%).

Positive result in the S&P 500 basket for i sectors secondary consumer goods (+1.75%), telecommunications (+1.06%) and materials (+0.91%).

At the top of the rankings American giants components of the Dow Jones, intel (+2.52%), Home Depot (+2.02%), 3M (+1.54%) and Salesforce, (+1.43%).

The strongest declines, however, occur on Amgenwhich continues the session with -0.53%.

Between protagonists of the Nasdaq 100, Datadog (+7.50%), Rivian Automotive (+6.98%), Lucid Group, (+5.84%) and Atlassian (+5.75%).

The strongest sales, on the other hand, show up Micron Technologywhich continues trading at -2.60%.

Undertone Cintas showing a filing of 0.87%.

Disappointing PDD Holdingswhich lies just below the levels of the eve.

Slack Amgenwhich shows a small decrease of 0.53%.

tlb-finance