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NY Stock Exchange Rises on Inflation Deceleration and Satisfactory Corporate Results

The New York Stock Exchange ended up on Friday, spurred by new signs of deceleration in inflation and corporate results deemed generally satisfactory. The Dow Jones gained 0.50%, the Nasdaq index took 1, 90% and the broader S&P 500 index advanced by 0.99%. Inflation slowed further in June in the United States, to 3.0% year on year in June, according to the PCE index, favored by the American central bank (Fed). Excluding food and energy, inflation still reached 4.1%, but it stands well below the 4.6% recorded in May, but…

2023-07-28 20:53:00
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