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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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2024-06-28 21:00:06

Global Markets React to US Inflation Surprise, Chinese New Year Break, and Spring Festival Holiday Market Review on Nostr: US Stock Markets React to Inflation Data, Political Uncertainty, and Mixed Economic ...

US Stock Markets React to Inflation Data, Political Uncertainty, and Mixed Economic Signals
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#6b553831 ver:1.05

US stock markets close lower as investors react to inflation data, political uncertainty, and mixed economic signals. Dow Jones drops 1.7%, highlighting divergence with tech-heavy indexes. Inflation remains unchanged in May, raising doubts over Fed's monetary policy. Rate cut bets rise to 66%. Nike slumps 19.98% after forecasting revenue drop. Consumer spending rises marginally, fueling optimism for a 'soft landing'. Treasury yields end higher, adding pressure on megacap stocks. S&P 500, Nasdaq, and Dow Jones all see losses. FTSE Russell finalizes index reconstitution. Infinera jumps after Nokia acquisition. #StockMarket #Inflation #Economy...

#newstr #UsStockMarkets #InflationData #PoliticalUncertainty #PresidentialDebate #FederalReserve #ConsumerSpending #RateCut #TreasuryYields #Nike #S&p500 #NasdaqComposite #DowJonesIndustrialAverage #FtseRussell #Infinera #Nokia

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