Stock market today: Wall Street is drifting as an update on inflation keeps stocks in check

Retrieved on: 2024-02-16 17:37:13

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Financial crises

Financial markets

Economic impact of the COVID-19 pandemic

Dow Jones Industrial Average

COVID-19 recession

S&P 500 INDEX - CBOE

DOW JONES INDUSTRIAL AVERAGE INDEX

NASDAQ COMPOSITE INDEX

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Stock market today: Wall Street is drifting as an update on inflation keeps stocks in check. View article details on HISWAI: https://www.theglobeandmail.com/investing/markets/indices/TTGD/pressreleases/24130545/stock-market-today-world-shares-follow-wall-street-higher-as-japans-nikkei-nears-a-record-high/

Summary

The article discusses market fluctuations, with Wall Street experiencing a loss due to unexpectedly high wholesale inflation, affecting stock indices like S&P 500 and Dow Jones. Coinbase's stock surged after positive earnings, contrasting broader market trends during economic uncertainties shaped by interest rates, the COVID-19 pandemic's influence, and inflation concerns.

Article found on: www.theglobeandmail.com

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