World shares began June mostly higher after a report showing that inflation in the U.S. is not worsening drove a rally on Wall Street.
Friday’s report from the U.S. government also showed growth in consumer spending weakened by more than economists expected. Growth in incomes for Americans also slowed last month.
Source: News Formal (newsformal.com)
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Stock market today (May 7, 2024): Wall Street rises to add to last week’s gainsU.S. stocks rose Monday and added to their gains from last week, as technology companies once again led the way. The S&P 500 rose 52.95, or 1%, to 5,180.74. The Dow Jones Industrial Average added 176.59, or 0.5%, to 38,852.27, and the Nasdaq composite jumped 192.92, or 1.2%, to 16,349.25.
Source: BusinessMirror - 🏆 19. / 59 Read more »
Stock market today (May 13, 2024): Asian stocks drift after Wall Street closes another winning weekHONG KONG — Asian stocks were mostly lower on Monday after Wall Street coasted to the close of another winning week. U.S. futures were mixed and oil prices fell. The release of weak Chinese lending data and news that the U.S.
Source: BusinessMirror - 🏆 19. / 59 Read more »
Stock market today (May 22, 2024): Wall Street drifts higher to set more recordsNEW YORK — U.S. stock indexes drifted higher Tuesday to set more records following another quiet day of trading. The S&P 500 rose 13.28 points, or 0.3%, to 5,321.41 and surpassed its record set last week. The Nasdaq composite added 37.75, or 0.2%, to 16,832.
Source: BusinessMirror - 🏆 19. / 59 Read more »
PH shares rebound on declining world oil prices ahead of OPEC meet in JuneDefining the News
Source: MlaStandard - 🏆 20. / 55 Read more »
World-class paddlers at ICF Dragon Boat World ChampionshipsPhilippine Canoe Kayak Federation president Leonora Escollante said at least 20 countries have already enlisted as the federation expects a much bigger turnout compared to the previous edition of the world championships held in Racice, Czech Republic back in 2022.
Source: manilabulletin - 🏆 25. / 51 Read more »
Stock market today (May 16, 2024): World shares are mixed after Wall St hits fresh records on hopes for rate cutsShare opened lower Thursday in Europe after most Asian benchmarks gained, tracking a Wall Street rally driven by hopes that inflation is heading back in the right direction. The optimism came from a report Wednesday showing U.S. consumers had to pay prices for gasoline, car insurance and everything else in April that were 3.
Source: BusinessMirror - 🏆 19. / 59 Read more »