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US: Nasdaq opens at record highs as markets cheer inflation data

by Sarkiya Ranen
in Technology
US: Nasdaq opens at record highs as markets cheer inflation data
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Wall Street jumped at the open, with the S&P 500 and the Nasdaq touching fresh record highs on Wednesday (Jun 12) after benign consumer prices data reassured investors inflation was cooling, boosting hopes for rate cuts from the Federal Reserve later this year.

At 9:32 am ET, Dow e-minis were up 346 points, or 0.89 per cent, S&P 500 e-minis were up 45.75 points, or 0.85 per cent, and Nasdaq 100 e-minis were up 177.75 points, or 0.92 per cent. Reuters



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Tags: CheerDataHighsInflationMarketsNasdaqOpensRecord
Sarkiya Ranen

Sarkiya Ranen

I am an editor for Ny Journals, focusing on business and entrepreneurship. I love uncovering emerging trends and crafting stories that inspire and inform readers about innovative ventures and industry insights.

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