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Global Markets React to US Inflation Surprise, Chinese New Year Break, and Spring Festival Holiday Market Review /
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2024-07-16 21:04:21

Global Markets React to US Inflation Surprise, Chinese New Year Break, and Spring Festival Holiday Market Review on Nostr: US Stock Market Rises on Robust Retail Sales Data and Rate Cut Expectations ...

US Stock Market Rises on Robust Retail Sales Data and Rate Cut Expectations
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#6b553831 ver:1.49

The US stock market rises on robust retail sales data and rate cut expectations. S&P 500 and Dow Jones hit record highs. Tech stocks perform well. Trump Media & Technology Group sees a significant increase. Bitcoin rises after Trump survives assassination attempt. Yields for longer-term Treasurys climb. Financial companies like JPMorgan Chase and Goldman Sachs report strong profits. Analysts optimistic about upcoming earnings season. Some warn of potential stock price drop. Burberry and Macy's stocks fall. Chinese indexes mixed. European markets slip. US benchmark crude oil loses. Dollar and euro rise. Dow Jones jumps. UnitedHealth Group and Bank of America perform well. Retail sales flat but better than expected. Rate cut expected in September. Housing market sentiment falls. Consumer spending trends concerning....

#newstr #UsStockMarket #RetailSalesData #RateCuts #TechStocks #EarningsReports #Inflation #EconomicGrowth #GlobalStocks #WallStreet

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