Data released overnight showed the U.S. consumer price index in October seeing its biggest surge in more than 30 years.
Major indexes on Wall Street fell following the inflation data release, with the Dow Jones Industrial Average dropping 240.04 points to 36,079.94 while the S&P 500 shed 0.82% to 4,646.71. The Nasdaq Composite lagged as it dropped 1.66% to around 15,622.71.
Meanwhile, U.S. Treasury yields climbed following the consumer price data release. The yield on the benchmark
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Netflix Japan Unveils Slate Of Anime & Live-Action Titles, Plans To Bet Big On Feature FilmsNetflix has unveiled a hefty list of upcoming Japanese titles, including both anime and live-action films and series. The company is hosting a two-day event this week – the Netflix Japan Fest…
Leer más »
Japan, once a leader on climate, under fire for coal use at COP26More than 20 countries agreed to phase out coal power at the U.N. climate talks in Glasgow, but not Japan - a 'leap backwards' for a country that once led the way on the Kyoto Protocol to reduce greenhouse gas emissions.
Leer más »
Coinbase, Tesla, DoorDash: What to Watch in the Stock Market TodayU.S. stock futures edged lower as investors awaited data on consumer prices
Leer más »
European markets head for lower open ahead of next U.S. inflation readingEuropean stocks are expected to open lower on Wednesday as market participants await the next key reading of U.S. inflation data.
Leer más »
European markets head for lower open ahead of U.S. inflation dataEuropean stocks are expected to open lower on Tuesday ahead of a key reading of U.S. inflation data.
Leer más »
US consumer prices soared 6.2% in past year, most since 1990Prices for U.S. consumers jumped 6.2% in October compared with a year earlier as surging costs for food, gas and housing left Americans grappling with the highest inflation rate since 1990. The year-over-year increase in the consumer price index exceeded the 5.4% rise in September, the Labor Department reported Wednesday. Inflation is eroding the strong gains in wages and salaries that have flowed to America's workers in recent months, creating political headaches for the Biden administration and congressional Democrats and intensifying pressure on the Federal Reserve as it considers how fast to withdraw its efforts to boost the economy.
Leer más »