• İstanbul 21 °C
  • Ankara 23 °C

US stocks open in positive territory

US stocks open in positive territory
Dow Jones up 106.85 points, or 0.29%

By Aysu Bicer

ANKARA (AA) - US stocks opened higher Thursday in the aftermath of a landmark inflation reading.

Consumer prices in the US rose 7% year-on-year in December, marking the largest 12-month increase since June 1982, Labor Department data showed Wednesday.

US producer prices jumped 9.7% year-on-year, its highest level on record, according to figures released Thursday.

The producer price index, which measures changes in the price of goods and services from a producer perspective, was expected to show an increase of 9.8% last month.

The Dow Jones industrial average rose 106.85 points, or 0.29%, to 36,397 at 9.30 a.m. EDT (1430GMT). The S&P 500 increased 0.22% or 10.42 points, to 4,736.

The Nasdaq was up 45.19 or 0.30% to 15,233.

The dollar index rose 0.18% to 96.25, while the yield on 10-year US Treasury notes added 0.61% to 1.467%.

Precious metals were mixed with gold falling 5.40% to $1,821 per ounce, but silver adding 0.08% to $23.21.

The VIX volatility index also increased 1.19% to 17.83




source: News Feed
This news is a total 44 time has been read
UYARI: Küfür, hakaret, rencide edici cümleler veya imalar, inançlara saldırı içeren, imla kuralları ile yazılmamış,
Türkçe karakter kullanılmayan ve büyük harflerle yazılmış yorumlar onaylanmamaktadır.
This news yet comment has been added .
Other News
All Rights Reserved © May 2014 US Muslims | Unauthorized and the resources published.
Haber Scripti: CM Bilişim