Ben Madilynn
Today, the stock market is constantly updated as it reacts live to economic news and events. Investors and traders closely track the stock exchange’s performance every day, and make their decisions based upon the movement of stocks and indices. Live updates are real-time updates on the stock market, including trends, prices and other relevant factors. These updates are a great way to keep up with the changing market and help you make better investment decisions.
Live updates on the stock market are crucial in our fast-paced, interconnected world. Investors need to keep up with the stock market, especially in a world where technology allows instant access to information. Live updates are vital for providing up-to-date information about factors like earnings reports, economic data releases and geopolitical issues that may have a significant impact on the stock market. Investors and traders are able to quickly analyze this information and make adjustments to their portfolios. Market participants are able to maximize their returns by minimizing risk and navigate the stock markets effectively.
Traders on the floor of New York Stock Exchange in New York City (U.S.), July 12, 2023.
Brendan McDermid | Reuters
Stocks rose after another key inflation figure came in lower than expected. The stock market rose after another important inflation reading came out lower than expected. S&P 500 The highest level of closing in more than a calendar year.
The S&P 500 climbed 0.5%, while the Dow Jones Industrial Average The score for the week was 98, or 0.3%. The Nasdaq Composite Achieve 1%.
Shares PepsiCo The beverage and snack giant announced earnings and revenue for the year. second quarter that beat analyst expectations. Delta Airlines added 0.8% to its share price after the airline posted record quarterly earnings It raised its outlook for this year.
June’s producer price index report The consumer price index (CPI) data released on Wednesday showed that prices rose less than expected. PPI, which measures wholesalers’ prices, rose by 0.1% during June. Dow Jones’ economists had predicted an increase of 0.2%. Core PPI, which strips out volatile food and energy prices, climbed 0.1% — also lower than expectations.
“The PPI confirmed the cooling inflation shown in yesterday’s CPI, but the lower-than-expected weekly jobless claims number was a reminder of continued labor market tightness,” Mike Loewengart said that he is the head model portfolio construction for Morgan Stanley Global Investment Office.
“For now, the stage appears to be set: The Fed is still on track to raise interest rates in a couple of weeks, and investors will shift their focus to corporate balance sheets as earnings season kicks into gear,” Loewengart continued.
Stocks surged after a chilly than expected June consumer price index report Some fears that the Federal Reserve could push the economy into recession by battling to reduce inflation were eased.
