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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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2024-07-01 21:59:36

Global Markets React to US Inflation Surprise, Chinese New Year Break, and Spring Festival Holiday Market Review on Nostr: Global Stock Markets React to Key Economic Indicators and France's Elections ...

Global Stock Markets React to Key Economic Indicators and France's Elections
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#6b553831 ver:1.09

Global stock markets react to economic indicators and France's elections, with US markets closing lower due to in-line inflation data and political uncertainty after the presidential debate. Tech stocks and megacap stocks faced pressure, while consumer spending rose marginally. The first half of the year ended on a low note, with investors re-evaluating portfolios and the Federal Reserve downgrading rate-cut expectations. London and Paris markets retreated ahead of France's legislative polls. Oil prices pulled back, while gold rose. Despite uncertainties, global stocks edged higher, influenced by France's elections and upcoming US economic data....

#newstr #GlobalStocks #France'sElections #UsEconomicData #Volatility #Currencies #Commodities #FinancialFigures #Reports #Benchmark10yearTreasuryYields #WallStreet #OilPrices #Dollar #GoldPrices

https://here.news/story/6b553831?ver=1.09
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