Us Stocks, Nyse

Us Stocks, Nyse

US stocks open higher as inflation worries ebb | Malay Mail

US stocks open higher as inflation worries ebb | Malay Mail

11/6/2021 8:57:00 PM

US stocks open higher as inflation worries ebb | Malay Mail

NEW YORK, June 11 — Wall Street stocks advanced early today and added to records as markets maintained an optimistic interpretation of the latest US inflation reading. Data released yesterday showed the inflation rate at its highest level in 13 years, but the S&P 500 still finished the...

channel for the latest updates.NEW YORK, June 11 — Wall Street stocks advanced early today and added to records as markets maintained an optimistic interpretation of the latest US inflation reading.Data released yesterday showed the inflation rate at its highest level in 13 years, but the S&P 500 still finished the day’s trading at a record.

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“What the market seemed to sniff was peak inflation,” said Briefing.com analyst Patrick O’Hare, noting a drop on the yield on the 10-year US Treasury on Thursday and again early Friday.The reaction suggests investors broadly support the Federal Reserve’s view that higher inflation will prove transient and not necessitate a sharp shift in monetary policy.

About 15 minutes into trading, the Dow Jones Industrial Average was up 0.2 per cent at 34,534.00The broad-based S&P 500 added 0.1 per cent at 4,244.60, while the tech-rich Nasdaq Composite Index also climbed 0.1 per cent to 14,038,34.For the week, the Dow is on track to finish with modest losses, while the S&P 500 and Nasdaq have gained.  headtopics.com

Next week’s calendar includes a two-day Fed meeting that will update the market on when the central bank will consider scaling back its stimulus measures. — AFP Read more: Malay Mail »

Remand extended for cosmetics entrepreneur, friend in sexual grooming case

​​​​​​​KAJANG: Police have extended the remand order on a cosmetics entrepreneur and his friend for alleged sexual grooming and obscene communication with minors.

US, EU, Spain pledge more than US$85m to address C.American migrant crisis | Malay MailSAN JOSE (Costa Rica), June 11 ― The United States, European Union and Spain yesterday pledged more than US$85 million (RM349.7 million) in aid to Mexico and Central America to offer alternatives to would-be migrants seeking a better life. Washington has pledged US$57 million on top of US$310...

Wolves appoint ex-Benfica boss Bruno Lage as new boss | Malay MailLONDON, June 9 — Wolves today announced the appointment of former Benfica boss Bruno Lage as the new manager of the Premier League club to replace Nuno Espirito Santo. The Portuguese led Benfica to the Primeira Liga title in his first season in management in 2019 but left the club the following...

America may be 'back' at G7, but allies' doubts about US democracy linger | Malay MailWASHINGTON, June 11 ― In 2017 the president of the United States shocked Washington's Western allies during his first European trip, scolding them for failing to pay their “fair share” on defence, physically shoving aside one prime minister, and white-knuckling another leader in a public...

US will do 'what is necessary' to protect Afghan translators, says general | Malay MailWASHINGTON, June 11 ― The United States said yesterday it will do whatever is necessary to protect Afghans who worked as translators for US forces and now fear for their lives once foreign troops leave Afghanistan. “I can commit to you that it's my belief that the United States government will... Predictions about the future shown to Muhammad Qasim in his dreams are more accurate then Nostradamus, Baba Vanga, and previous prophecies of their time. This is truly amazing. Search Muhammad Qasim Dreams for more info. Dream on. They'll just let you down.

From the Bidens with 'LOVE': US first lady's jacket brings message of hope | Malay MailCARBIS BAY (England), June 11 ― On their first overseas trip since her husband Joe became president, US first lady Jill Biden had a simple message for the world emblazoned across the back of her jacket: “LOVE”. “Well, I think that we're bringing love from America,” said Biden of her black...

US commerce chief expressed concerns to Chinese counterpart, Washington says | Malay MailSHANGHAI, June 11 — The Biden administration’s top commerce official told her Chinese counterpart Washington is concerned about Beijing’s industrial policies, the Commerce Department said on Thursday, the latest high-level exchange as the countries spar over disagreements. The department said... Bst novel