U.S. consumer prices jumped 5% in May, the fastest pace since August 2008, the U.S. Labor Department reported Thursday. That was higher than a gain of 4.7% forecasted by economists surveyed by Dow Jones.
SINGAPORE — Shares in Asia-Pacific looked poised for a muted Friday open, following gains overnight on Wall Street that saw theFutures pointed to a quiet open for Japanese stocks. The Nikkei futures contract in Chicago was at 28,985 while its counterpart in Osaka was at 28,910. That compared against theShares in Australia also looked set to open little changed, as the SPI futures contract stood at 7,307.0, against theOvernight stateside, the S&P 500 rose nearly 0.
The gains came on the back of the release of a closely-watched U.S. inflation report. U.S. consumer prices jumped 5% in May — the fastest pace since August 2008 — the
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Wall Street set to inch higher, 'meme' stocks extend rallyU.S. stock indexes were set to open slightly higher on Wednesday, although a lack of clear catalysts kept trading slow, with investors awaiting fresh cues from inflation data this week and an upcoming Federal Reserve meeting. Stocks n shares hedge funders your very intelligent we like your tweet Technology the killer
Source: Reuters - 🏆 2. / 97 Read more »
U.S. To Donate 500 Million Doses Of Covid Vaccine GloballyThe U.S. will purchase 500 million doses of the Pfizer Covid-19 vaccine to donate to 92 low-income countries and the African Union over the next year as pressure intensifies for wealthy countries to share their surplus. What do you think? Does this mean we can accuse these foreigners of theft when all of our good silverware is suddenly magnetized out of the country? There’s only one Foreigner worth saving! Says the woman isn't vaccinated because 'there's not enough testing'
Source: TheOnion - 🏆 724. / 51 Read more »
Covid-19 vaccination site worker accused of stealing more than 500 blank vaccine cardsA man is accused of stealing more than 500 blank vaccine cards from the California vaccination site where he worked, Los Angeles County DA says. 🤦🏻♂️.. Even lower than to bribe people to protect themselves, stealing blank vaccination cards is beyond words. If a moron doesn’t want to be vaccinated then let them be a moron.
Source: NBCNews - 🏆 10. / 86 Read more »
S&P 500 climbs to a new record close, shrugging off inflation fearsThe S&P 500 rose to an all-time high on Thursday as investors shrugged off a key inflation report that showed a bigger-than-expected increase in price pressures. The Dow was up 0.06%. The S&P 500 rose 0.47%. The Nasdaq surged 0.78%. So record close with over $500B parked at the FED overnight for 0%. If we closed at new record even with tech close to highs, where does the marginal debt and leverage stands as of now?
Source: CNBC - 🏆 12. / 72 Read more »
U.S. to donate 500 million Pfizer vaccine doses to the world -sourcesThe Biden administration plans to donate 500 million Pfizer (PFE.N) coronavirus vaccine doses to nearly 100 countries over the next two years, three sources familiar with the matter told Reuters on Wednesday.
Source: Reuters - 🏆 2. / 97 Read more »
U.S. to buy 500 million Pfizer Covid vaccines to share globally, source saysThe U.S. will buy 500M more doses of the Pfizer vaccine to share with 92 lower-income countries and the African Union over the next year. megtirrell has the details.
Source: CNBC - 🏆 12. / 72 Read more »