Morning Bell 14 November
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Wall St extended its post-rally breather into Wednesday with the major averages ending the day mostly flat. The Dow Jones rose 0.11%, the S&P500 added just 0.02% and the tech-heavy Nasdaq ended the day down 0.26%.The US CPI index for October showed inflation rose to an annual rate of 2.6% which met economists’ expectations and was a slight uptick from the 2.4% reported in September. Core inflation which excludes food and energy rose 3.3% in the last month which also met expectations.Over ...
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Wall St closed higher on Friday with the Dow hitting a fresh record as investors shift from the high growth tech sectors to areas of the market that are more economically sensitive. The Dow Jones rose 0.97% on Friday to a record 44,296.51 points, the S&P500 added 0.35% and the Nasdaq ended...
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