US Edition
Nasdaq Gains While Dow, S&P 500 Fall as US Inflation Ticks Higher
56 Articles
56 Articles
In a recent analysis, Reuters highlights a phenomenon that is drawing attention in the financial world: the fall of the Dollar Index, a key indicator that measures the strength of the dollar against six major currencies.This 10% drop in the value of the dollar so far this year has been influenced by changes in US trade policy and concerns about its economic growth.Curiously, half of this fall was triggered following an announcement by President …
The AEX closed Tuesday up 0.3 percent at 923.29 points. Wall Street closed mixed Tuesday evening. The Nasdaq managed to close the day with a 0.2% gain, partly thanks to positive news from Nvidia. However, the Dow Jones lost one percent following higher inflation and lukewarm bank results, while the S&P 500 finished comfortably in the middle with a 0.4 percent loss.
The Dow Jones and the S&P 500 faced difficulties after the consumer price index showed an increase of 2.7% year-on-year. Analysts warn of early signs of stagflation in an overvalued market
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