Investing

Wall St futures sharply extend gains after inflation data

Published

on

© Reuters. FILE PHOTO: Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., July 7, 2023. REUTERS/Brendan McDermid

(Reuters) – U.S. stock index futures sharply extended gains on Wednesday after data showed a further decline in consumer prices that raised bets that the Federal Reserve was nearing the end of its rapid interest rate hikes.

At 08:32 a.m. ET, were up 182 points, or 0.53%, were up 29.5 points, or 0.66%, and were up 124 points, or 0.81%.

Read the full article here

Leave a Reply

Your email address will not be published. Required fields are marked *

Trending

Exit mobile version